iShares Agency Bond ETF (NYSEARCA:AGZ) Sees Large Volume Increase – Here’s What Happened

Shares of iShares Agency Bond ETF (NYSEARCA:AGZ) saw unusually-high trading volume on Wednesday . Approximately 139,689 shares traded hands during mid-day trading, an increase of 391% from the previous session’s volume of 28,444 shares.The stock last traded at $108.14 and had previously closed at $107.60.

iShares Agency Bond ETF Price Performance

The stock has a 50 day moving average of $108.30 and a 200 day moving average of $109.02.

Institutional Trading of iShares Agency Bond ETF

Large investors have recently made changes to their positions in the company. Commons Capital LLC acquired a new position in shares of iShares Agency Bond ETF during the 4th quarter worth $683,000. Smith Salley Wealth Management acquired a new position in iShares Agency Bond ETF during the fourth quarter worth about $2,102,000. Hennion & Walsh Asset Management Inc. raised its stake in iShares Agency Bond ETF by 10.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 36,326 shares of the company’s stock worth $3,922,000 after acquiring an additional 3,497 shares in the last quarter. Mason & Associates Inc lifted its holdings in shares of iShares Agency Bond ETF by 30.3% in the fourth quarter. Mason & Associates Inc now owns 162,975 shares of the company’s stock worth $17,595,000 after acquiring an additional 37,945 shares during the last quarter. Finally, Ignite Planners LLC boosted its stake in shares of iShares Agency Bond ETF by 8.2% in the 4th quarter. Ignite Planners LLC now owns 13,255 shares of the company’s stock valued at $1,430,000 after purchasing an additional 1,010 shares in the last quarter. Institutional investors and hedge funds own 9.74% of the company’s stock.

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.