Mainsail Asset Management LLC Takes Position in iShares Ultra Short-Term Bond Active ETF $ICSH

Mainsail Asset Management LLC acquired a new position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 381,440 shares of the company’s stock, valued at approximately $19,358,000. iShares Ultra Short-Term Bond Active ETF makes up approximately 8.5% of Mainsail Asset Management LLC’s investment portfolio, making the stock its 5th largest position. Mainsail Asset Management LLC owned approximately 0.32% of iShares Ultra Short-Term Bond Active ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ICSH. Sandy Cove Advisors LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 78.5% in the 3rd quarter. Sandy Cove Advisors LLC now owns 28,529 shares of the company’s stock valued at $1,448,000 after buying an additional 12,546 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in iShares Ultra Short-Term Bond Active ETF during the third quarter valued at about $1,423,000. Sequoia Financial Advisors LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 31.7% in the second quarter. Sequoia Financial Advisors LLC now owns 7,060 shares of the company’s stock valued at $358,000 after purchasing an additional 1,700 shares during the last quarter. Galvin Gaustad & Stein LLC increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 57.9% in the third quarter. Galvin Gaustad & Stein LLC now owns 208,069 shares of the company’s stock worth $10,559,000 after purchasing an additional 76,285 shares during the period. Finally, CWM LLC lifted its position in shares of iShares Ultra Short-Term Bond Active ETF by 8.9% during the 3rd quarter. CWM LLC now owns 374,161 shares of the company’s stock worth $18,989,000 after purchasing an additional 30,600 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.3%

ICSH opened at $50.66 on Friday. The stock’s 50 day moving average price is $50.62 and its two-hundred 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 Company 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.