iShares Agency Bond ETF (NYSEARCA:AGZ – Get Free Report) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 15,505 shares, an increase of 69.6% from the June 30th total of 9,141 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 12,179 shares, the short-interest ratio is presently 1.3 days.
Institutional Trading of iShares Agency Bond ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC raised its position in shares of iShares Agency Bond ETF by 6.2% in the fourth quarter. HighTower Advisors LLC now owns 474,523 shares of the company’s stock valued at $52,316,000 after buying an additional 27,873 shares during the last quarter. Daviman Financial LLC purchased a new position in shares of iShares Agency Bond ETF in the 4th quarter worth $526,000. PNC Financial Services Group Inc. raised its holdings in shares of iShares Agency Bond ETF by 42.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 38,608 shares of the company’s stock worth $4,236,000 after purchasing an additional 11,429 shares during the period. Bank of New York Mellon Corp lifted its position in iShares Agency Bond ETF by 24.7% during the first quarter. Bank of New York Mellon Corp now owns 312,585 shares of the company’s stock valued at $34,294,000 after buying an additional 61,831 shares in the last quarter. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of iShares Agency Bond ETF during the 4th quarter valued at $206,000. Hedge funds and other institutional investors own 9.74% of the company’s stock.
iShares Agency Bond ETF Stock Performance
Shares of AGZ stock opened at $108.57 on Friday. The business has a fifty day simple moving average of $108.89 and a 200-day simple moving average of $109.54. iShares Agency Bond ETF has a fifty-two week low of $108.25 and a fifty-two week high of $111.00.
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.
Featured Stories
- Five stocks we like better than iShares Agency Bond ETF
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for iShares Agency Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Agency Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
