Coppell Advisory Solutions LLC Reduces Stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Coppell Advisory Solutions LLC lessened its stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 10.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,765 shares of the company’s stock after selling 2,807 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $1,249,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Providence First Trust Co purchased a new position in iShares Ultra Short-Term Bond Active ETF during the fourth quarter valued at approximately $27,000. M Holdings Securities Inc. bought a new position in iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at $29,000. Hoese & Co LLP purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter valued at $43,000. Physician Wealth Advisors Inc. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF in the fourth quarter worth $50,000. Finally, Private Trust Co. NA raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 21.5% in the fourth quarter. Private Trust Co. NA now owns 1,302 shares of the company’s stock worth $66,000 after buying an additional 230 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

BATS:ICSH opened at $50.58 on Wednesday. iShares Ultra Short-Term Bond Active ETF has a 52-week low of $50.29 and a 52-week high of $50.77. The stock has a fifty day moving average of $50.57 and a 200 day moving average of $50.55.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1797 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.