Envestnet Asset Management Inc. Increases Stock Position in iShares Agency Bond ETF (NYSEARCA:AGZ)

Envestnet Asset Management Inc. grew its stake in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) by 8.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 135,018 shares of the company’s stock after purchasing an additional 10,732 shares during the period. Envestnet Asset Management Inc. owned approximately 2.31% of iShares Agency Bond ETF worth $14,776,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Smith Salley Wealth Management grew its position in iShares Agency Bond ETF by 0.6% during the first quarter. Smith Salley Wealth Management now owns 19,585 shares of the company’s stock valued at $2,143,000 after buying an additional 112 shares during the period. Goelzer Investment Management Inc. lifted its position in shares of iShares Agency Bond ETF by 1.9% in the 1st quarter. Goelzer Investment Management Inc. now owns 10,320 shares of the company’s stock worth $1,129,000 after purchasing an additional 188 shares during the period. Eagle Global Advisors LLC lifted its position in shares of iShares Agency Bond ETF by 4.0% in the 4th quarter. Eagle Global Advisors LLC now owns 5,230 shares of the company’s stock worth $565,000 after purchasing an additional 200 shares during the period. Novem Group boosted its holdings in shares of iShares Agency Bond ETF by 8.9% in the 1st quarter. Novem Group now owns 3,641 shares of the company’s stock valued at $398,000 after buying an additional 297 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of iShares Agency Bond ETF by 1.2% in the 4th quarter. LPL Financial LLC now owns 27,150 shares of the company’s stock valued at $2,931,000 after purchasing an additional 330 shares during the last quarter. 9.74% of the stock is currently owned by institutional investors.

iShares Agency Bond ETF Price Performance

AGZ opened at $109.01 on Friday. The firm has a 50 day moving average of $108.95 and a two-hundred day moving average of $108.81. iShares Agency Bond ETF has a 12-month low of $107.30 and a 12-month high of $110.89.

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.