iShares Agency Bond ETF (NYSEARCA:AGZ – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 9,141 shares, a decrease of 35.4% from the June 15th total of 14,140 shares. Based on an average daily trading volume, of 12,246 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the company’s shares are short sold.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in AGZ. HighTower Advisors LLC boosted its position in shares of iShares Agency Bond ETF by 6.2% during the 4th quarter. HighTower Advisors LLC now owns 474,523 shares of the company’s stock valued at $52,316,000 after purchasing an additional 27,873 shares in the last quarter. Daviman Financial LLC bought a new stake in iShares Agency Bond ETF in the fourth quarter worth approximately $526,000. Jaffetilchin Investment Partners LLC increased its holdings in iShares Agency Bond ETF by 22.9% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 32,505 shares of the company’s stock worth $3,584,000 after purchasing an additional 6,064 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in iShares Agency Bond ETF by 1.3% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 32,326 shares of the company’s stock valued at $3,564,000 after buying an additional 414 shares during the period. Finally, Fluent Financial LLC lifted its stake in iShares Agency Bond ETF by 4.4% in the fourth quarter. Fluent Financial LLC now owns 38,361 shares of the company’s stock valued at $4,229,000 after buying an additional 1,614 shares during the period. 9.74% of the stock is owned by institutional investors.
iShares Agency Bond ETF Price Performance
NYSEARCA AGZ traded up $0.03 during mid-day trading on Friday, reaching $108.69. 10,238 shares of the stock were exchanged, compared to its average volume of 18,087. iShares Agency Bond ETF has a one year low of $108.29 and a one year high of $111.00. The stock has a 50 day simple moving average of $108.97 and a 200-day simple moving average of $109.66.
About iShares Agency Bond ETF
THE ISHARES BARCLAYS AGENCY BOND FUND seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the agency sector of the U.S. government bond market as defined by the Barclays Capital U.S. Agency Index.
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