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

iShares Agency Bond ETF (NYSEARCA:AGZ) shares saw unusually-strong trading volume on Friday . Approximately 94,106 shares traded hands during mid-day trading, an increase of 196% from the previous session’s volume of 31,808 shares.The stock last traded at $109.35 and had previously closed at $109.19.

iShares Agency Bond ETF Trading Up 0.3 %

The firm’s fifty day moving average price is $108.21 and its two-hundred day moving average price is $108.97.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Clean Yield Group increased its stake in iShares Agency Bond ETF by 18.6% in the 4th quarter. Clean Yield Group now owns 650 shares of the company’s stock worth $70,000 after acquiring an additional 102 shares during the last quarter. IFP Advisors Inc bought a new position in iShares Agency Bond ETF in the 4th quarter worth about $76,000. Providence First Trust Co bought a new position in iShares Agency Bond ETF in the 4th quarter worth about $124,000. Thrivent Financial for Lutherans bought a new position in iShares Agency Bond ETF in the 4th quarter worth about $233,000. Finally, PKS Advisory Services LLC bought a new position in iShares Agency Bond ETF in the 4th quarter worth about $266,000. 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.