Faithward Advisors LLC Reduces Position in iShares Agency Bond ETF $AGZ

Faithward Advisors LLC trimmed its holdings in iShares Agency Bond ETF (NYSEARCA:AGZ) by 98.6% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,783 shares of the company’s stock after selling 191,934 shares during the quarter. Faithward Advisors LLC owned about 0.05% of iShares Agency Bond ETF worth $307,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. MAI Capital Management lifted its stake in iShares Agency Bond ETF by 1,342.9% during the 3rd quarter. MAI Capital Management now owns 505 shares of the company’s stock valued at $56,000 after acquiring an additional 470 shares during the period. Advisory Services Network LLC purchased a new position in shares of iShares Agency Bond ETF during the third quarter valued at approximately $190,000. Corient Private Wealth LLC purchased a new position in shares of iShares Agency Bond ETF during the second quarter valued at approximately $200,000. Montecito Bank & Trust bought a new position in iShares Agency Bond ETF during the third quarter valued at approximately $218,000. Finally, Legacy Private Trust Co. lifted its position in iShares Agency Bond ETF by 4.3% during the third quarter. Legacy Private Trust Co. now owns 2,450 shares of the company’s stock valued at $270,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 9.74% of the company’s stock.

iShares Agency Bond ETF Stock Performance

Shares of AGZ stock opened at $109.85 on Thursday. iShares Agency Bond ETF has a 12-month low of $107.44 and a 12-month high of $111.00. The firm’s 50 day moving average is $110.24 and its 200 day moving average is $110.31.

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.