iShares Agency Bond ETF (NYSEARCA:AGZ) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares Agency Bond ETF (NYSEARCA:AGZ) saw unusually-high trading volume on Monday . Approximately 42,773 shares changed hands during mid-day trading, an increase of 44% from the previous session’s volume of 29,717 shares.The stock last traded at $109.76 and had previously closed at $109.66.

iShares Agency Bond ETF Trading Down 0.9 %

The firm has a 50-day moving average price of $108.82 and a two-hundred day moving average price of $108.79.

Institutional Investors Weigh In On iShares Agency Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in shares of iShares Agency Bond ETF during the 4th quarter worth approximately $24,834,000. Straightline Group LLC acquired a new position in iShares Agency Bond ETF in the 4th quarter valued at about $17,633,000. Impact Investors Inc acquired a new stake in iShares Agency Bond ETF during the 4th quarter worth approximately $14,746,000. Executive Wealth Management LLC bought a new stake in shares of iShares Agency Bond ETF in the third quarter valued at about $9,378,000. Finally, Citadel Advisors LLC increased its holdings in shares of iShares Agency Bond ETF by 2,803.2% during the fourth quarter. Citadel Advisors LLC now owns 69,910 shares of the company’s stock worth $7,547,000 after purchasing an additional 67,502 shares during the period. 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.