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

Shares of iShares Agency Bond ETF (NYSEARCA:AGZ) saw unusually-high trading volume on Friday . Approximately 94,106 shares traded hands during trading, an increase of 196% from the previous session’s volume of 31,808 shares.The stock last traded at $109.35 and had previously closed at $109.19.

iShares Agency Bond ETF Stock Performance

The business has a 50 day moving average price of $108.21 and a 200 day moving average price of $108.97.

Hedge Funds Weigh In On iShares Agency Bond ETF

Large investors have recently made changes to their positions in the business. Clean Yield Group grew its position in iShares Agency Bond ETF by 18.6% during the 4th quarter. Clean Yield Group now owns 650 shares of the company’s stock worth $70,000 after purchasing an additional 102 shares during the period. Eagle Global Advisors LLC lifted its stake in iShares Agency Bond ETF by 4.0% in the 4th quarter. Eagle Global Advisors LLC now owns 5,230 shares of the company’s stock valued at $565,000 after buying an additional 200 shares in the last quarter. Cerity Partners LLC lifted its stake in iShares Agency Bond ETF by 2.2% in the 3rd quarter. Cerity Partners LLC now owns 11,580 shares of the company’s stock valued at $1,278,000 after buying an additional 253 shares in the last quarter. Checchi Capital Advisers LLC lifted its stake in iShares Agency Bond ETF by 6.1% in the 4th quarter. Checchi Capital Advisers LLC now owns 4,642 shares of the company’s stock worth $501,000 after purchasing an additional 268 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its stake in iShares Agency Bond ETF by 1.6% in the 4th quarter. Focus Financial Network Inc. now owns 20,042 shares of the company’s stock worth $2,164,000 after purchasing an additional 316 shares in the last quarter. 9.74% of the stock is owned by institutional investors and hedge funds.

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.