iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Reduced by Howard Capital Management Inc.

Howard Capital Management Inc. cut its position 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 and Exchange Commission. The institutional investor 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.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $1,451,000. National Bank of Canada FI increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% in the fourth quarter. National Bank of Canada FI now owns 72,218 shares of the company’s stock worth $5,908,000 after buying an additional 449 shares during the last quarter. Lincoln National Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 24.5% in the fourth quarter. Lincoln National Corp now owns 9,175 shares of the company’s stock worth $753,000 after buying an additional 1,805 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in iShares 1-3 Year Treasury Bond ETF by 88.3% in the fourth quarter. BNP Paribas Financial Markets now owns 110,561 shares of the company’s stock worth $9,070,000 after buying an additional 51,846 shares during the last quarter. Finally, Rooted Wealth Advisors Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 7.2% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 16,455 shares of the company’s stock worth $1,348,000 after buying an additional 1,112 shares during the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.96 on Friday. The stock’s 50 day moving average price is $82.28 and its 200 day moving average price is $81.75. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $83.06. The company has a market capitalization of $24.61 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

About iShares 1-3 Year Treasury Bond ETF

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.