Howard Capital Management Inc. Has $1.41 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Howard Capital Management Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,193 shares of the company’s stock after purchasing an additional 3,046 shares during the period. Howard Capital Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,409,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealthspire Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 21.2% in the fourth quarter. Wealthspire Advisors LLC now owns 11,718 shares of the company’s stock valued at $961,000 after purchasing an additional 2,049 shares during the last quarter. First Horizon Advisors Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 76.8% during the fourth quarter. First Horizon Advisors Inc. now owns 68,292 shares of the company’s stock worth $5,599,000 after acquiring an additional 29,665 shares during the last quarter. Pinnacle Financial Partners Inc lifted its position in iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after acquiring an additional 22,721 shares during the last quarter. Sigma Planning Corp lifted its position in iShares 1-3 Year Treasury Bond ETF by 7.4% during the fourth quarter. Sigma Planning Corp now owns 234,399 shares of the company’s stock worth $19,216,000 after acquiring an additional 16,090 shares during the last quarter. Finally, PMG Wealth Management Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $2,306,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY stock opened at $82.24 on Monday. The firm has a 50 day moving average price of $82.01 and a two-hundred day moving average price of $82.34. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market capitalization of $23.18 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF Company 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.