Diversified Portfolios Inc. Sells 56,792 Shares of iShares Ultra Short-Term Bond Active ETF $ICSH

Diversified Portfolios Inc. trimmed its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 5.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,078,140 shares of the company’s stock after selling 56,792 shares during the period. iShares Ultra Short-Term Bond Active ETF accounts for approximately 4.5% of Diversified Portfolios Inc.’s holdings, making the stock its 6th largest position. Diversified Portfolios Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $54,532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Sheets Smith Wealth Management raised its holdings 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 in the last quarter. Jaffetilchin Investment Partners LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 1.4% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 18,177 shares of the company’s stock valued at $919,000 after purchasing an additional 247 shares in the last quarter. Johnson Bixby & Associates LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 3.2% in the 4th quarter. Johnson Bixby & Associates LLC now owns 8,094 shares of the company’s stock valued at $409,000 after purchasing an additional 254 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of 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 purchasing an additional 254 shares in the last quarter. Finally, Vista Investment Management raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 0.6% in the 3rd quarter. Vista Investment Management now owns 47,899 shares of the company’s stock valued at $2,431,000 after purchasing an additional 296 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of ICSH opened at $50.56 on Tuesday. The firm’s fifty day simple moving average is $50.55 and its 200-day simple moving average is $50.60. iShares Ultra Short-Term Bond Active ETF has a twelve month low of $50.45 and a twelve month 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.