Castle Wealth Management LLC Makes New $4.57 Million Investment in iShares Ultra Short-Term Bond Active ETF $ICSH

Castle Wealth Management LLC purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) during the first quarter, HoldingsChannel.com reports. The fund purchased 90,188 shares of the company’s stock, valued at approximately $4,565,000. iShares Ultra Short-Term Bond Active ETF accounts for 1.5% of Castle Wealth Management LLC’s portfolio, making the stock its 24th biggest position.

Several other institutional investors have also modified their holdings of the business. Bank of America Corp DE increased its stake in iShares Ultra Short-Term Bond Active ETF by 13.5% during the 3rd quarter. Bank of America Corp DE now owns 4,532,294 shares of the company’s stock worth $230,014,000 after purchasing an additional 538,131 shares in the last quarter. Foster Dykema Cabot & Partners LLC boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 84.7% in the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 4,025,851 shares of the company’s stock valued at $203,628,000 after buying an additional 1,846,242 shares during the period. UBS Group AG boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 6.7% in the fourth quarter. UBS Group AG now owns 4,022,450 shares of the company’s stock valued at $203,456,000 after buying an additional 251,028 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 6.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,552 shares of the company’s stock worth $146,363,000 after acquiring an additional 177,744 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 16.1% during the fourth quarter. LPL Financial LLC now owns 2,887,396 shares of the company’s stock worth $146,044,000 after acquiring an additional 400,009 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Trading Down 0.0%

Shares of BATS:ICSH traded down $0.01 during midday trading on Friday, reaching $50.45. 1,519,628 shares of the company were exchanged, compared to its average volume of 1,693,650. 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. The stock has a fifty day simple moving average of $50.51 and a two-hundred day simple moving average of $50.57.

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.