Jaffetilchin Investment Partners LLC Buys 6,153 Shares of iShares Agency Bond ETF (NYSEARCA:AGZ)

Jaffetilchin Investment Partners LLC raised its stake in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) by 4.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,288 shares of the company’s stock after buying an additional 6,153 shares during the quarter. iShares Agency Bond ETF comprises 1.2% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 20th largest holding. Jaffetilchin Investment Partners LLC owned approximately 2.45% of iShares Agency Bond ETF worth $17,197,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in iShares Agency Bond ETF during the fourth quarter worth about $24,834,000. Straightline Group LLC purchased a new position in shares of iShares Agency Bond ETF during the fourth quarter worth about $17,633,000. Impact Investors Inc bought a new position in shares of iShares Agency Bond ETF in the fourth quarter worth approximately $14,746,000. HighTower Advisors LLC raised its stake in iShares Agency Bond ETF by 15.7% in the fourth quarter. HighTower Advisors LLC now owns 362,856 shares of the company’s stock valued at $39,174,000 after purchasing an additional 49,237 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in iShares Agency Bond ETF by 38.1% during the fourth quarter. Wells Fargo & Company MN now owns 150,367 shares of the company’s stock valued at $16,234,000 after purchasing an additional 41,493 shares during the last quarter. 9.74% of the stock is currently owned by institutional investors.

iShares Agency Bond ETF Price Performance

AGZ stock opened at $108.57 on Friday. The firm has a 50 day simple moving average of $108.85 and a two-hundred day simple moving average of $108.74. iShares Agency Bond ETF has a one year low of $106.17 and a one year 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.