iShares Agency Bond ETF (NYSEARCA:AGZ) Short Interest Down 35.4% in June

iShares Agency Bond ETF (NYSEARCA:AGZ) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 9,141 shares, a decrease of 35.4% from the June 15th total of 14,140 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 12,246 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On iShares Agency Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC boosted its stake in iShares Agency Bond ETF by 6.2% during the fourth quarter. HighTower Advisors LLC now owns 474,523 shares of the company’s stock worth $52,316,000 after acquiring an additional 27,873 shares in the last quarter. Daviman Financial LLC bought a new stake in iShares Agency Bond ETF in the fourth quarter valued at $526,000. Jaffetilchin Investment Partners LLC raised its holdings in shares of iShares Agency Bond ETF by 22.9% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 32,505 shares of the company’s stock valued at $3,584,000 after purchasing an additional 6,064 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in shares of iShares Agency Bond ETF by 1.3% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 32,326 shares of the company’s stock valued at $3,564,000 after purchasing an additional 414 shares during the period. Finally, Fluent Financial LLC boosted its position in shares of iShares Agency Bond ETF by 4.4% during the 4th quarter. Fluent Financial LLC now owns 38,361 shares of the company’s stock worth $4,229,000 after purchasing an additional 1,614 shares in the last quarter. 9.74% of the stock is currently owned by institutional investors.

iShares Agency Bond ETF Price Performance

AGZ stock opened at $108.74 on Friday. The stock has a 50-day moving average price of $108.95 and a 200-day moving average price of $109.66. iShares Agency Bond ETF has a 1-year low of $108.29 and a 1-year high of $111.00.

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.