RKL Wealth Management LLC Lowers Stock Position in iShares Agency Bond ETF (NYSEARCA:AGZ)

RKL Wealth Management LLC reduced its stake in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,872 shares of the company’s stock after selling 1,942 shares during the period. iShares Agency Bond ETF accounts for 0.8% of RKL Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. RKL Wealth Management LLC’s holdings in iShares Agency Bond ETF were worth $8,947,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. TRUE Private Wealth Advisors lifted its position in shares of iShares Agency Bond ETF by 113.3% during the 3rd quarter. TRUE Private Wealth Advisors now owns 751,689 shares of the company’s stock valued at $82,987,000 after buying an additional 399,263 shares in the last quarter. Stifel Financial Corp raised its stake in iShares Agency Bond ETF by 3.0% during the 3rd quarter. Stifel Financial Corp now owns 351,686 shares of the company’s stock valued at $38,828,000 after purchasing an additional 10,152 shares during the period. HighTower Advisors LLC raised its stake in iShares Agency Bond ETF by 6.0% during the 3rd quarter. HighTower Advisors LLC now owns 313,619 shares of the company’s stock valued at $34,624,000 after purchasing an additional 17,646 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Agency Bond ETF during the 4th quarter valued at approximately $24,834,000. Finally, Mason & Associates Inc raised its stake in iShares Agency Bond ETF by 30.3% during the 4th quarter. Mason & Associates Inc now owns 162,975 shares of the company’s stock valued at $17,595,000 after purchasing an additional 37,945 shares during the period. 9.74% of the stock is owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Price Performance

Shares of AGZ opened at $108.91 on Friday. The business’s 50 day moving average is $108.34 and its 200 day moving average is $108.95. iShares Agency Bond ETF has a 12-month low of $106.17 and a 12-month high of $110.89.

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.