ShellWindows Object Not giving proper results

As per MSDN, in VB ShDocVw.dll provides an object ShellWindows which contains all running instances of Explorer and Internet Explorer.
I have IE 4.01 and ShDocVw.dll ver(4.72.3110.3) on my Win95 machine.
If I start an explorer window before IE (means after I have logged on) subsequent instances of Explorer only are caught with shellwindows whereas when I start IE first and then explorer, only IE instances existing at the time of shellwindows object creation are grabbed.
Is this a bug with this dll? any remedy, as I'm interesting in getting IE instance irrerespective of this starting behaviour.
Please Help.