Sovereign Financial Group Inc. Purchases New Holdings in iShares Ultra Short-Term Bond Active ETF $ICSH

Sovereign Financial Group Inc. acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,230 shares of the company’s stock, valued at approximately $771,000.

A number of other hedge funds also recently added to or reduced their stakes in ICSH. Sheets Smith Wealth Management grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 0.5% in the 4th quarter. Sheets Smith Wealth Management now owns 45,062 shares of the company’s stock valued at $2,279,000 after purchasing an additional 204 shares during the last quarter. Jaffetilchin Investment Partners LLC lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 1.4% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 18,177 shares of the company’s stock worth $919,000 after purchasing an additional 247 shares during the period. Johnson Bixby & Associates LLC lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 3.2% during the fourth quarter. Johnson Bixby & Associates LLC now owns 8,094 shares of the company’s stock worth $409,000 after purchasing an additional 254 shares during the period. TD Waterhouse Canada Inc. grew its position in iShares Ultra Short-Term Bond Active ETF by 5.1% in the 4th quarter. TD Waterhouse Canada Inc. now owns 5,254 shares of the company’s stock valued at $266,000 after buying an additional 254 shares during the last quarter. Finally, Legacy Capital Group California Inc. grew its position in iShares Ultra Short-Term Bond Active ETF by 4.5% in the 4th quarter. Legacy Capital Group California Inc. now owns 6,933 shares of the company’s stock valued at $351,000 after buying an additional 301 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

Shares of ICSH opened at $50.49 on Tuesday. iShares Ultra Short-Term Bond Active ETF has a 1 year low of $50.43 and a 1 year high of $50.77. The company’s fifty day moving average is $50.53 and its two-hundred day moving average is $50.58.

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.