Steele Capital Management Inc. Raises Stake in iShares Ultra Short-Term Bond Active ETF $ICSH

Steele Capital Management Inc. lifted its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 8.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 440,652 shares of the company’s stock after purchasing an additional 35,221 shares during the quarter. iShares Ultra Short-Term Bond Active ETF comprises about 1.0% of Steele Capital Management Inc.’s investment portfolio, making the stock its 23rd biggest holding. Steele Capital Management Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $22,288,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Bison Wealth LLC grew its holdings in iShares Ultra Short-Term Bond Active ETF by 32.1% during the 4th quarter. Bison Wealth LLC now owns 90,281 shares of the company’s stock valued at $4,553,000 after buying an additional 21,925 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 126.7% in the first quarter. Jane Street Group LLC now owns 206,046 shares of the company’s stock worth $10,447,000 after buying an additional 115,176 shares in the last quarter. Baird Financial Group Inc. grew its stake in iShares Ultra Short-Term Bond Active ETF by 0.9% during the second quarter. Baird Financial Group Inc. now owns 55,346 shares of the company’s stock valued at $2,807,000 after acquiring an additional 506 shares in the last quarter. NewEdge Advisors LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 6.4% during the second quarter. NewEdge Advisors LLC now owns 32,626 shares of the company’s stock valued at $1,654,000 after acquiring an additional 1,968 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in iShares Ultra Short-Term Bond Active ETF by 18.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,003,443 shares of the company’s stock valued at $50,885,000 after acquiring an additional 153,726 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of ICSH stock opened at $50.58 on Monday. The company’s fifty day simple moving average is $50.59 and its two-hundred day simple moving average is $50.62. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $50.40 and a 52 week high of $50.77.

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.