iShares Agency Bond ETF (NYSEARCA:AGZ) Short Interest Update

iShares Agency Bond ETF (NYSEARCA:AGZ) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 15,505 shares, a growth of 69.6% from the June 30th total of 9,141 shares. Based on an average daily volume of 12,179 shares, the short-interest ratio is currently 1.3 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of iShares Agency Bond ETF

Several hedge funds have recently made changes to their positions in AGZ. HighTower Advisors LLC lifted its stake in shares of iShares Agency Bond ETF by 6.2% in the 4th quarter. HighTower Advisors LLC now owns 474,523 shares of the company’s stock valued at $52,316,000 after purchasing an additional 27,873 shares during the last quarter. Daviman Financial LLC bought a new position in shares of iShares Agency Bond ETF during the 4th quarter valued at approximately $526,000. PNC Financial Services Group Inc. raised its holdings in iShares Agency Bond ETF by 42.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 38,608 shares of the company’s stock valued at $4,236,000 after buying an additional 11,429 shares during the period. Bank of New York Mellon Corp raised its holdings in iShares Agency Bond ETF by 24.7% during the 1st quarter. Bank of New York Mellon Corp now owns 312,585 shares of the company’s stock valued at $34,294,000 after buying an additional 61,831 shares during the period. Finally, Fiducient Advisors LLC lifted its position in iShares Agency Bond ETF by 2.2% in the fourth quarter. Fiducient Advisors LLC now owns 13,555 shares of the company’s stock worth $1,494,000 after buying an additional 289 shares during the last quarter. 9.74% of the stock is currently owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Stock Down 0.1%

iShares Agency Bond ETF stock opened at $108.44 on Friday. iShares Agency Bond ETF has a 52-week low of $108.25 and a 52-week high of $111.00. The firm’s fifty day moving average is $108.88 and its 200 day moving average is $109.53.

About iShares Agency Bond ETF

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.