iShares Agency Bond ETF (NYSEARCA:AGZ) Sets New 52-Week Low – Time to Sell?

Shares of iShares Agency Bond ETF (NYSEARCA:AGZ) hit a new 52-week low during trading on Thursday . The company traded as low as $108.26 and last traded at $108.26, with a volume of 19134 shares trading hands. The stock had previously closed at $108.46.

iShares Agency Bond ETF Stock Performance

The company has a fifty day moving average price of $108.92 and a two-hundred day moving average price of $109.62.

Institutional Investors Weigh In On iShares Agency Bond ETF

A number of institutional investors have recently added to or reduced their stakes in AGZ. Heck Capital Advisors LLC increased its position in iShares Agency Bond ETF by 77.3% in the 2nd quarter. Heck Capital Advisors LLC now owns 9,797 shares of the company’s stock valued at $1,071,000 after acquiring an additional 4,270 shares during the period. Focus Financial Network Inc. lifted its holdings in shares of iShares Agency Bond ETF by 0.6% during the second quarter. Focus Financial Network Inc. now owns 24,394 shares of the company’s stock worth $2,666,000 after purchasing an additional 149 shares during the period. Fluent Financial LLC lifted its holdings in shares of iShares Agency Bond ETF by 6.2% during the second quarter. Fluent Financial LLC now owns 38,521 shares of the company’s stock worth $4,209,000 after purchasing an additional 2,236 shares during the period. Bank of America Corp DE grew its stake in shares of 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 worth $7,207,000 after purchasing an additional 4,622 shares during the last quarter. Finally, Insight Advisors LLC PA grew its stake in shares of iShares Agency Bond ETF by 2.1% in the first quarter. Insight Advisors LLC PA now owns 13,718 shares of the company’s stock worth $1,505,000 after purchasing an additional 276 shares during the last quarter. 9.74% of the stock is owned by 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.