iShares Agency Bond ETF (NYSEARCA:AGZ) Hits New 1-Year Low – Should You Sell?

iShares Agency Bond ETF (NYSEARCA:AGZ) hit a new 52-week low on Tuesday . The stock traded as low as $108.40 and last traded at $108.40, with a volume of 343 shares traded. The stock had previously closed at $108.73.

iShares Agency Bond ETF Stock Down 0.3%

The firm has a 50 day moving average price of $109.63 and a 200-day moving average price of $110.09.

Institutional Trading of iShares Agency Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. CVA Family Office LLC lifted its holdings in shares of iShares Agency Bond ETF by 0.4% in the 3rd quarter. CVA Family Office LLC now owns 29,158 shares of the company’s stock worth $3,218,000 after acquiring an additional 107 shares during the last quarter. Vista Cima Wealth Management LLC raised its holdings in shares of iShares Agency Bond ETF by 0.6% in the fourth quarter. Vista Cima Wealth Management LLC now owns 18,315 shares of the company’s stock worth $2,019,000 after buying an additional 118 shares during the period. Comerica Bank lifted its stake in shares of iShares Agency Bond ETF by 6.5% during the 4th quarter. Comerica Bank now owns 2,045 shares of the company’s stock worth $225,000 after acquiring an additional 125 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in iShares Agency Bond ETF by 2.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 5,552 shares of the company’s stock valued at $608,000 after acquiring an additional 147 shares during the period. Finally, Checchi Capital Advisers LLC boosted its holdings in iShares Agency Bond ETF by 3.9% during the 3rd quarter. Checchi Capital Advisers LLC now owns 4,326 shares of the company’s stock valued at $477,000 after acquiring an additional 162 shares during the period. 9.74% of the stock is currently owned by institutional investors.

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.