Pinnacle Financial Partners Inc Has $8.24 Million Stock Position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Pinnacle Financial Partners Inc lowered its stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,416 shares of the company’s stock after selling 5,657 shares during the period. Pinnacle Financial Partners Inc owned 0.15% of iShares Ultra Short-Term Bond Active ETF worth $8,241,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ICSH. Rosenberg Matthew Hamilton raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 159.0% during the third quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock valued at $33,000 after acquiring an additional 399 shares during the last quarter. Hoese & Co LLP bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the fourth quarter valued at $43,000. Western Pacific Wealth Management LP bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the third quarter valued at $51,000. WASHINGTON TRUST Co raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 50.0% during the fourth quarter. WASHINGTON TRUST Co now owns 1,500 shares of the company’s stock valued at $76,000 after acquiring an additional 500 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 48.7% during the third quarter. Assetmark Inc. now owns 2,210 shares of the company’s stock valued at $112,000 after acquiring an additional 724 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.2 %

ICSH stock opened at $50.62 on Friday. The company has a fifty day moving average price of $50.51 and a 200-day moving average price of $50.57. iShares Ultra Short-Term Bond Active ETF has a 52-week low of $49.98 and a 52-week high of $50.54.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1981 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.