Summit Wealth Group LLC Increases Holdings in iShares Ultra Short-Term Bond Active ETF $ICSH

Summit Wealth Group LLC boosted its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 39.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 177,383 shares of the company’s stock after purchasing an additional 49,804 shares during the period. iShares Ultra Short-Term Bond Active ETF comprises approximately 2.2% of Summit Wealth Group LLC’s investment portfolio, making the stock its 14th largest position. Summit Wealth Group LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $9,002,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Clayton Financial Group LLC purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF during the third quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 136.7% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 613 shares of the company’s stock valued at $31,000 after purchasing an additional 354 shares during the last quarter. American National Bank & Trust purchased a new position in iShares Ultra Short-Term Bond Active ETF in the 3rd quarter worth $38,000. Harbor Asset Planning Inc. purchased a new position in iShares Ultra Short-Term Bond Active ETF in the 2nd quarter worth $41,000. Finally, Mather Group LLC. bought a new stake in iShares Ultra Short-Term Bond Active ETF in the third quarter worth $62,000.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.2%

Shares of BATS:ICSH opened at $50.61 on Friday. The stock’s 50-day moving average price is $50.62 and its 200-day moving average price is $50.64. iShares Ultra Short-Term Bond Active ETF has a 12-month low of $50.33 and a 12-month high of $50.77.

iShares Ultra Short-Term Bond Active ETF Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.