iShares Agency Bond ETF $AGZ Shares Newly Purchased by Parallel Advisors LLC

Parallel Advisors LLC bought a new stake in iShares Agency Bond ETF (NYSEARCA:AGZ) in the third quarter, HoldingsChannel reports. The fund bought 54,397 shares of the company’s stock, valued at approximately $5,730,000.

Several other large investors also recently modified their holdings of the business. Steele Capital Management Inc. acquired a new stake in shares of iShares Agency Bond ETF during the third quarter worth about $71,142,000. Asset Management One Co. Ltd. bought a new position in shares of iShares Agency Bond ETF during the 3rd quarter valued at about $13,592,000. Bank of New York Mellon Corp grew its position in shares of iShares Agency Bond ETF by 24.7% in the 1st quarter. Bank of New York Mellon Corp now owns 312,585 shares of the company’s stock valued at $34,294,000 after purchasing an additional 61,831 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of iShares Agency Bond ETF in the 3rd quarter valued at approximately $6,291,000. Finally, Greenleaf Trust acquired a new position in shares of iShares Agency Bond ETF in the 2nd quarter valued at approximately $5,153,000. 9.74% of the stock is currently owned by institutional investors.

iShares Agency Bond ETF Price Performance

NYSEARCA AGZ opened at $107.65 on Friday. The business has a 50 day simple moving average of $107.14 and a 200 day simple moving average of $108.83. iShares Agency Bond ETF has a 52-week low of $105.96 and a 52-week high of $110.99.

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.