Envestnet Asset Management Inc. Sells 93,921 Shares of iShares Agency Bond ETF $AGZ

Envestnet Asset Management Inc. cut its stake in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) by 78.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,913 shares of the company’s stock after selling 93,921 shares during the period. Envestnet Asset Management Inc. owned about 0.49% of iShares Agency Bond ETF worth $2,860,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada increased its position in iShares Agency Bond ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 9,707 shares of the company’s stock valued at $1,063,000 after acquiring an additional 226 shares during the last quarter. Jane Street Group LLC grew its stake in shares of iShares Agency Bond ETF by 276.3% during the 1st quarter. Jane Street Group LLC now owns 34,101 shares of the company’s stock valued at $3,732,000 after purchasing an additional 25,039 shares during the period. Arkadios Wealth Advisors increased its position in shares of iShares Agency Bond ETF by 9.3% during the 2nd quarter. Arkadios Wealth Advisors now owns 2,417 shares of the company’s stock valued at $265,000 after purchasing an additional 206 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares Agency Bond ETF by 8.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 194,732 shares of the company’s stock worth $21,362,000 after purchasing an additional 15,656 shares during the period. Finally, Moors & Cabot Inc. boosted its holdings in shares of iShares Agency Bond ETF by 7.0% in the second quarter. Moors & Cabot Inc. now owns 8,129 shares of the company’s stock worth $892,000 after buying an additional 533 shares during the last quarter. 9.74% of the stock is currently owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Stock Down 0.0%

Shares of AGZ stock opened at $110.78 on Thursday. iShares Agency Bond ETF has a 12 month low of $107.44 and a 12 month high of $111.00. The company has a 50 day simple moving average of $110.30 and a two-hundred day simple moving average of $110.27.

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.