PNC Financial Services Group Inc. Increases Position in iShares Agency Bond ETF $AGZ

PNC Financial Services Group Inc. raised its holdings in iShares Agency Bond ETF (NYSEARCA:AGZ) by 42.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,608 shares of the company’s stock after acquiring an additional 11,429 shares during the period. PNC Financial Services Group Inc. owned approximately 0.76% of iShares Agency Bond ETF worth $4,236,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AGZ. Royal Bank of Canada grew its position in shares of iShares Agency Bond ETF by 2.4% in the first quarter. Royal Bank of Canada now owns 9,707 shares of the company’s stock valued at $1,063,000 after purchasing an additional 226 shares in the last quarter. Jane Street Group LLC lifted its position in iShares Agency Bond ETF by 276.3% during the first quarter. Jane Street Group LLC now owns 34,101 shares of the company’s stock worth $3,732,000 after buying an additional 25,039 shares in the last quarter. Cerity Partners LLC acquired a new position in iShares Agency Bond ETF during the second quarter worth $1,406,000. Raymond James Financial Inc. boosted its stake in iShares Agency Bond ETF by 0.3% during the second quarter. Raymond James Financial Inc. now owns 288,709 shares of the company’s stock worth $31,671,000 after buying an additional 749 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in iShares Agency Bond ETF by 146.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 53,779 shares of the company’s stock valued at $5,900,000 after buying an additional 31,920 shares in the last quarter. 9.74% of the stock is owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Stock Up 0.1%

Shares of AGZ opened at $108.61 on Tuesday. iShares Agency Bond ETF has a 52-week low of $108.25 and a 52-week high of $111.00. The stock has a fifty day simple moving average of $108.90 and a two-hundred day simple moving average of $109.58.

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.