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

iShares Agency Bond ETF (NYSEARCA:AGZ) shares saw strong trading volume on Monday . 18,180 shares were traded during mid-day trading, an increase of 39% from the previous session’s volume of 13,117 shares.The stock last traded at $108.00 and had previously closed at $107.86.

iShares Agency Bond ETF Price Performance

The company has a 50-day simple moving average of $108.40 and a 200 day simple moving average of $109.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. 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. International Assets Investment Management LLC raised its position in iShares Agency Bond ETF by 10,940.3% during the third quarter. International Assets Investment Management LLC now owns 210,759 shares of the company’s stock worth $23,268,000 after acquiring an additional 208,850 shares during the period. Executive Wealth Management LLC purchased a new position in iShares Agency Bond ETF during the third quarter valued at $9,378,000. Mason & Associates Inc grew its position in shares of iShares Agency Bond ETF by 46.2% in the third quarter. Mason & Associates Inc now owns 125,030 shares of the company’s stock valued at $13,803,000 after purchasing an additional 39,529 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Agency Bond ETF by 241.4% in the third quarter. JPMorgan Chase & Co. now owns 53,476 shares of the company’s stock valued at $5,904,000 after purchasing an additional 37,812 shares during the period. 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.