iShares Agency Bond ETF (NYSEARCA:AGZ) Sees Unusually-High Trading Volume – What’s Next?

iShares Agency Bond ETF (NYSEARCA:AGZ) saw an uptick in trading volume on Friday . 49,780 shares traded hands during mid-day trading, an increase of 23% from the previous session’s volume of 40,466 shares.The stock last traded at $108.65 and had previously closed at $108.61.

iShares Agency Bond ETF Trading Down 0.1 %

The stock has a 50-day moving average of $108.29 and a 200 day moving average of $109.04.

Institutional Trading of iShares Agency Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Mill Creek Capital Advisors LLC raised its stake in shares of iShares Agency Bond ETF by 1.0% in the fourth quarter. Mill Creek Capital Advisors LLC now owns 156,026 shares of the company’s stock valued at $16,845,000 after buying an additional 1,503 shares during the period. Focus Financial Network Inc. increased its stake in shares of iShares Agency Bond ETF by 1.6% in the fourth 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. Measured Wealth Private Client Group LLC raised its position in shares of iShares Agency Bond ETF by 4.1% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 41,369 shares of the company’s stock valued at $4,466,000 after purchasing an additional 1,625 shares during the period. Insight Advisors LLC PA lifted its stake in shares of iShares Agency Bond ETF by 27.9% during the 4th quarter. Insight Advisors LLC PA now owns 12,151 shares of the company’s stock valued at $1,312,000 after buying an additional 2,653 shares in the last quarter. Finally, Columbus Macro LLC bought a new position in iShares Agency Bond ETF in the 4th quarter worth approximately $1,826,000. Hedge funds and other institutional investors 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.