Pinnacle Wealth Management Advisory Group LLC Makes New Investment in BlackRock Ultra Short-Term Bond ETF (BATS:ICSH)

Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,273 shares of the company’s stock, valued at approximately $366,000.

Other institutional investors have also bought and sold shares of the company. SageView Advisory Group LLC raised its holdings in shares of BlackRock Ultra Short-Term Bond ETF by 0.7% during the 3rd quarter. SageView Advisory Group LLC now owns 79,435 shares of the company’s stock valued at $4,002,000 after purchasing an additional 544 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of BlackRock Ultra Short-Term Bond ETF in the fourth quarter worth about $42,000. Stonebridge Capital Advisors LLC boosted its stake in shares of BlackRock Ultra Short-Term Bond ETF by 93.4% during the 3rd quarter. Stonebridge Capital Advisors LLC now owns 2,000 shares of the company’s stock worth $101,000 after acquiring an additional 966 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of BlackRock Ultra Short-Term Bond ETF by 0.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 396,228 shares of the company’s stock valued at $19,962,000 after acquiring an additional 1,460 shares during the last quarter. Finally, Brookstone Capital Management raised its stake in shares of BlackRock Ultra Short-Term Bond ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 70,151 shares of the company’s stock valued at $3,533,000 after acquiring an additional 1,693 shares in the last quarter.

BlackRock Ultra Short-Term Bond ETF Stock Up 0.0 %

BlackRock Ultra Short-Term Bond ETF stock traded up $0.01 during trading hours on Thursday, reaching $50.39. 655,993 shares of the company were exchanged. BlackRock Ultra Short-Term Bond ETF has a 12 month low of $49.98 and a 12 month high of $50.54. The stock has a 50-day moving average of $50.43 and a 200 day moving average of $50.40.

BlackRock Ultra Short-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.2276 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from BlackRock Ultra Short-Term Bond ETF’s previous dividend of $0.20.

BlackRock Ultra Short-Term Bond 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.