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

iShares Agency Bond ETF (NYSEARCA:AGZ) saw strong trading volume on Thursday . 118,751 shares traded hands during mid-day trading, an increase of 177% from the previous session’s volume of 42,866 shares.The stock last traded at $108.44 and had previously closed at $108.51.

iShares Agency Bond ETF Trading Down 0.2 %

The company has a 50 day moving average of $108.23 and a 200-day moving average of $109.04.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. TRUE Private Wealth Advisors increased its stake in iShares Agency Bond ETF by 113.3% in the third quarter. TRUE Private Wealth Advisors now owns 751,689 shares of the company’s stock valued at $82,987,000 after purchasing an additional 399,263 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Agency Bond ETF during the 4th quarter worth $24,834,000. International Assets Investment Management LLC lifted its position in iShares Agency Bond ETF by 10,940.3% in the third quarter. International Assets Investment Management LLC now owns 210,759 shares of the company’s stock valued at $23,268,000 after acquiring an additional 208,850 shares during the last quarter. Impact Investors Inc acquired a new position in iShares Agency Bond ETF in the fourth quarter valued at $14,746,000. Finally, Executive Wealth Management LLC purchased a new position in shares of iShares Agency Bond ETF during the third quarter worth about $9,378,000. Institutional investors and hedge funds own 9.74% of the company’s stock.

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.