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

Howard Financial Services LTD. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 46.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,178 shares of the company’s stock after acquiring an additional 2,926 shares during the period. 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 reporting period.

Other large investors have also recently made changes to their positions in the company. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $26,000. Coppell Advisory Solutions Corp. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $30,000. American National Bank raised its stake in iShares 1-3 Year Treasury Bond ETF by 53.4% in the first quarter. American National Bank now owns 428 shares of the company’s stock worth $35,000 after buying an additional 149 shares in the last quarter. Global Wealth Management Investment Advisory Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $35,000. Finally, Trivant Custom Portfolio Group LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $40,000. 18.38% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ SHY traded down $0.02 during mid-day trading on Tuesday, hitting $80.87. 583,795 shares of the stock traded hands, compared to its average volume of 5,273,117. The stock has a fifty day moving average price of $81.02 and a 200-day moving average price of $81.51. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.48 and a 52 week high of $82.74.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were issued a dividend of $0.2058 per share. This represents a $2.47 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date was Friday, September 1st.

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.