Baird Financial Group Inc. Purchases New Stake in iShares Agency Bond ETF $AGZ

Baird Financial Group Inc. purchased a new stake in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 4,380 shares of the company’s stock, valued at approximately $479,000. Baird Financial Group Inc. owned about 0.08% of iShares Agency Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Smith Salley Wealth Management lifted its holdings in shares of iShares Agency Bond ETF by 0.6% during the 1st 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 last quarter. IFP Advisors Inc lifted its holdings in shares of iShares Agency Bond ETF by 22.3% during the 1st quarter. IFP Advisors Inc now owns 865 shares of the company’s stock valued at $95,000 after buying an additional 158 shares during the last quarter. Goelzer Investment Management Inc. lifted its holdings in shares of iShares Agency Bond ETF by 1.9% during the 1st quarter. Goelzer Investment Management Inc. now owns 10,320 shares of the company’s stock valued at $1,129,000 after buying an additional 188 shares during the last quarter. Novem Group lifted its holdings in shares of iShares Agency Bond ETF by 8.9% during 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 during the last quarter. Finally, Comerica Bank lifted its holdings in shares of iShares Agency Bond ETF by 15.6% during the 1st quarter. Comerica Bank now owns 2,589 shares of the company’s stock valued at $283,000 after buying an additional 350 shares during the last quarter. 9.74% of the stock is currently owned by institutional investors and hedge funds.

iShares Agency Bond ETF Trading Up 0.2%

Shares of iShares Agency Bond ETF stock opened at $110.33 on Thursday. iShares Agency Bond ETF has a 52-week low of $107.29 and a 52-week high of $110.89. The stock has a 50-day simple moving average of $109.48 and a 200-day simple moving average of $109.19.

iShares Agency Bond ETF 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.