iShares Ultra Short-Term Bond Active ETF $ICSH Shares Newly Purchased by Edgemoor Investment Advisors Inc.

Edgemoor Investment Advisors Inc. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) during the third quarter, HoldingsChannel.com reports. The firm bought 307,037 shares of the company’s stock, valued at approximately $15,475,000. iShares Ultra Short-Term Bond Active ETF accounts for approximately 1.0% of Edgemoor Investment Advisors Inc.’s portfolio, making the stock its 27th biggest position.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ICSH. Foster Group Inc. increased its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 4.7% during the third quarter. Foster Group Inc. now owns 1,236,608 shares of the company’s stock worth $62,325,000 after purchasing an additional 55,012 shares during the period. Prosperity Consulting Group LLC boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 12.3% in the first quarter. Prosperity Consulting Group LLC now owns 893,574 shares of the company’s stock valued at $45,233,000 after buying an additional 98,141 shares during the period. Capital Advantage Inc. boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 1.5% in the second quarter. Capital Advantage Inc. now owns 742,780 shares of the company’s stock valued at $37,570,000 after buying an additional 10,927 shares during the period. Steele Capital Management Inc. boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 3.5% in the third quarter. Steele Capital Management Inc. now owns 574,221 shares of the company’s stock valued at $28,941,000 after buying an additional 19,162 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 494,588 shares of the company’s stock valued at $25,036,000 after buying an additional 6,313 shares during the period.

iShares Ultra Short-Term Bond Active ETF Price Performance

Shares of BATS:ICSH opened at $50.36 on Monday. iShares Ultra Short-Term Bond Active ETF has a 1 year low of $50.23 and a 1 year high of $50.75. The business’s 50 day simple moving average is $50.38 and its 200 day simple moving average is $50.51.

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.