Powerhouse Assets LLC Makes New $4.95 Million Investment in iShares Ultra Short-Term Bond Active ETF $ICSH

Powerhouse Assets LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 97,943 shares of the company’s stock, valued at approximately $4,954,000. iShares Ultra Short-Term Bond Active ETF comprises about 4.4% of Powerhouse Assets LLC’s investment portfolio, making the stock its 3rd largest position. Powerhouse Assets LLC owned 0.08% of iShares Ultra Short-Term Bond Active ETF as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in iShares Ultra Short-Term Bond Active ETF by 13.5% in the 3rd quarter. Bank of America Corp DE now owns 4,532,294 shares of the company’s stock worth $230,014,000 after acquiring an additional 538,131 shares during the last quarter. UBS Group AG boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 6.2% during the 3rd quarter. UBS Group AG now owns 3,771,422 shares of the company’s stock valued at $191,400,000 after acquiring an additional 218,960 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 6.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,552 shares of the company’s stock valued at $146,363,000 after acquiring an additional 177,744 shares during the last quarter. Donaldson Capital Management LLC grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 3.0% in the fourth quarter. Donaldson Capital Management LLC now owns 2,150,661 shares of the company’s stock valued at $108,780,000 after purchasing an additional 62,775 shares in the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 28.4% in the third quarter. Focus Partners Wealth now owns 2,075,233 shares of the company’s stock valued at $105,318,000 after purchasing an additional 459,547 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of ICSH opened at $50.47 on Thursday. The company’s fifty day moving average is $50.63 and its 200 day moving average is $50.64. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.40 and a fifty-two week 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.