iShares Agency Bond ETF (NYSEARCA:AGZ) Sees Large Volume Increase

iShares Agency Bond ETF (NYSEARCA:AGZ) shares saw strong trading volume on Tuesday . 56,911 shares changed hands during trading, an increase of 51% from the previous session’s volume of 37,732 shares.The stock last traded at $109.98 and had previously closed at $109.79.

iShares Agency Bond ETF Price Performance

The firm’s 50-day moving average is $108.85 and its 200-day moving average is $107.92.

Institutional Investors Weigh In On iShares Agency Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of AGZ. Strategic Financial Concepts LLC purchased a new stake in iShares Agency Bond ETF in the 2nd quarter valued at about $27,000. New Covenant Trust Company N.A. bought a new stake in iShares Agency Bond ETF during the first quarter worth $58,000. Principal Securities Inc. purchased a new position in iShares Agency Bond ETF in the fourth quarter worth $62,000. Ashton Thomas Private Wealth LLC purchased a new position in iShares Agency Bond ETF in the second quarter worth $108,000. Finally, Comerica Bank grew its stake in iShares Agency Bond ETF by 17.5% in the 1st quarter. Comerica Bank now owns 2,127 shares of the company’s stock valued at $230,000 after purchasing an additional 317 shares during the period. 9.74% of the stock is owned by hedge funds and other institutional investors.

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.