Envestnet Asset Management Inc. Sells 35,164 Shares of iShares Agency Bond ETF (NYSEARCA:AGZ)

Envestnet Asset Management Inc. reduced its holdings in shares of iShares Agency Bond ETF (NYSEARCA:AGZ – Get Rating) by 48.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,349 shares of the company’s stock after selling 35,164 shares during the period. Envestnet Asset Management Inc. owned about 0.69% of iShares Agency Bond ETF worth $3,978,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of AGZ. JPMorgan Chase & Co. boosted its stake in shares of iShares Agency Bond ETF by 2.5% during the first quarter. JPMorgan Chase & Co. now owns 8,543 shares of the company’s stock valued at $959,000 after purchasing an additional 210 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of iShares Agency Bond ETF by 12.2% during the first quarter. Bank of New York Mellon Corp now owns 25,230 shares of the company’s stock valued at $2,833,000 after purchasing an additional 2,743 shares during the period. Cetera Advisor Networks LLC boosted its stake in shares of iShares Agency Bond ETF by 53.8% during the first quarter. Cetera Advisor Networks LLC now owns 3,816 shares of the company’s stock valued at $429,000 after purchasing an additional 1,335 shares during the period. Baird Financial Group Inc. boosted its stake in shares of iShares Agency Bond ETF by 16.3% during the first quarter. Baird Financial Group Inc. now owns 3,276 shares of the company’s stock valued at $368,000 after purchasing an additional 460 shares during the period. Finally, Signet Financial Management LLC boosted its stake in shares of iShares Agency Bond ETF by 12.1% during the first quarter. Signet Financial Management LLC now owns 23,159 shares of the company’s stock valued at $2,601,000 after purchasing an additional 2,493 shares during the period. 11.01% of the stock is currently owned by institutional investors.

iShares Agency Bond ETF Stock Up 0.2 %

Shares of AGZ stock opened at $106.21 on Monday. The stock has a fifty day moving average of $107.38 and a 200 day moving average of $107.18. iShares Agency Bond ETF has a 52 week low of $105.00 and a 52 week high of $115.30.

iShares Agency Bond ETF Profile

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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.