Shares of iShares Agency Bond ETF (NYSEARCA:AGZ – Get Free Report) saw unusually-high trading volume on Monday. Approximately 39,988 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 22,473 shares. The stock last traded at $107.3260 and had previously closed at $107.61.
iShares Agency Bond ETF Price Performance
The business’s 50-day simple moving average is $107.21 and its two-hundred day simple moving average is $108.87.
Institutional Investors Weigh In On iShares Agency Bond ETF
A number of institutional investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its stake in iShares Agency Bond ETF by 42.1% during the first 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. Greenleaf Trust bought a new stake in iShares Agency Bond ETF in the second quarter worth approximately $5,153,000. Bank of America Corp DE lifted its stake in iShares Agency Bond ETF by 7.6% in the first quarter. Bank of America Corp DE now owns 65,696 shares of the company’s stock valued at $7,207,000 after buying an additional 4,622 shares during the period. Asset Management One Co. Ltd. acquired a new position in iShares Agency Bond ETF in the third quarter valued at approximately $13,592,000. Finally, Bank of New York Mellon Corp lifted its stake in iShares Agency Bond ETF by 24.7% in 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 during the period. Institutional investors own 9.74% of the company’s stock.
iShares Agency Bond ETF Company Profile
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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