Howard Capital Management Inc. Sells 895 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Howard Capital Management Inc. lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,806 shares of the company’s stock after selling 895 shares during the quarter. Howard Capital Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,209,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SHY. The Manufacturers Life Insurance Company boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3,931.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock valued at $155,560,000 after acquiring an additional 1,849,118 shares during the period. Members Trust Co boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 96.2% in the first quarter. Members Trust Co now owns 1,493,298 shares of the company’s stock valued at $122,122,000 after acquiring an additional 732,321 shares during the period. Pathstone Holdings LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $59,218,000. Simplicity Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $58,276,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 7,346.0% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 668,426 shares of the company’s stock valued at $54,664,000 after acquiring an additional 659,449 shares during the period. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

SHY opened at $82.96 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.62 and a 1-year high of $83.06. The stock has a market capitalization of $24.61 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a 50 day moving average of $82.28 and a 200-day moving average of $81.75.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.2883 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares 1-3 Year Treasury Bond ETF Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.