Howard Financial Services LTD. Purchases 2,926 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Howard Financial Services LTD. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 46.8% in the 2nd quarter, Holdings Channel reports. The firm owned 9,178 shares of the company’s stock after buying an additional 2,926 shares during the quarter. Howard Financial Services LTD.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $744,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Stelac Advisory Services LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $195,000. Vontobel Holding Ltd. boosted its position in iShares 1-3 Year Treasury Bond ETF by 17.1% during the first quarter. Vontobel Holding Ltd. now owns 10,829 shares of the company’s stock valued at $902,000 after purchasing an additional 1,579 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $20,110,000. Brighton Jones LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 37.2% in the first quarter. Brighton Jones LLC now owns 3,387 shares of the company’s stock worth $282,000 after purchasing an additional 918 shares during the last quarter. Finally, Covestor Ltd grew its stake in iShares 1-3 Year Treasury Bond ETF by 105.9% during the 1st quarter. Covestor Ltd now owns 700 shares of the company’s stock worth $58,000 after buying an additional 360 shares during the last quarter. Hedge funds and other institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

SHY stock traded down $0.02 during trading on Tuesday, reaching $80.87. The company had a trading volume of 583,795 shares, compared to its average volume of 5,273,117. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.48 and a twelve month high of $82.74. The firm has a 50-day simple moving average of $81.02 and a 200-day simple moving average of $81.51.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were given a $0.2058 dividend. This represents a $2.47 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend was Friday, September 1st.

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.