Merit Financial Group LLC Raises Stock Position in iShares Ultra Short-Term Bond Active ETF $ICSH

Merit Financial Group LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 23.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 159,354 shares of the company’s stock after acquiring an additional 30,353 shares during the period. Merit Financial Group LLC owned 0.13% of iShares Ultra Short-Term Bond Active ETF worth $8,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of ICSH. Exchange Traded Concepts LLC purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 1st quarter valued at $77,695,000. Focus Partners Wealth increased its position in iShares Ultra Short-Term Bond Active ETF by 422.2% during the 1st quarter. Focus Partners Wealth now owns 817,584 shares of the company’s stock valued at $41,452,000 after buying an additional 661,031 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in iShares Ultra Short-Term Bond Active ETF by 22.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,985,587 shares of the company’s stock valued at $151,369,000 after buying an additional 544,950 shares during the last quarter. Mutual Advisors LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 1,080.3% in the first quarter. Mutual Advisors LLC now owns 435,287 shares of the company’s stock worth $22,039,000 after acquiring an additional 398,407 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 18.2% during the first quarter. LPL Financial LLC now owns 2,026,708 shares of the company’s stock worth $102,754,000 after acquiring an additional 311,875 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

ICSH opened at $50.61 on Monday. The firm’s 50-day moving average price is $50.66 and its 200-day moving average price is $50.60. iShares Ultra Short-Term Bond Active ETF has a 52-week low of $50.33 and a 52-week high of $50.77.

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.