CGC Financial Services LLC Sells 1,783 Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

CGC Financial Services LLC lessened its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 13.7% during the first quarter, Holdings Channel reports. The institutional investor owned 11,197 shares of the company’s stock after selling 1,783 shares during the quarter. iShares Ultra Short-Term Bond Active ETF comprises approximately 0.2% of CGC Financial Services LLC’s portfolio, making the stock its 25th largest holding. CGC Financial Services LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $568,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ICSH. Clune & Associates LTD. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $745,000. Wells Fargo & Company MN boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 1,145.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,002 shares of the company’s stock worth $151,000 after purchasing an additional 2,761 shares during the last quarter. Clearwater Capital Advisors LLC bought a new position in iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at $486,000. Integral Investment Advisors Inc. grew its position in iShares Ultra Short-Term Bond Active ETF by 14.4% in the fourth quarter. Integral Investment Advisors Inc. now owns 48,881 shares of the company’s stock valued at $2,465,000 after purchasing an additional 6,151 shares in the last quarter. Finally, Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at $200,000.

iShares Ultra Short-Term Bond Active ETF Price Performance

Shares of BATS:ICSH opened at $50.51 on Monday. The company’s 50-day moving average price is $50.56 and its two-hundred day moving average price is $50.55. iShares Ultra Short-Term Bond Active ETF has a one year low of $50.29 and a one year high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

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.