Wells Fargo & Company MN Purchases 41,493 Shares of iShares Agency Bond ETF (NYSEARCA:AGZ)

Wells Fargo & Company MN boosted its position in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) by 38.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 150,367 shares of the company’s stock after acquiring an additional 41,493 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares Agency Bond ETF were worth $16,234,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AGZ. Maridea Wealth Management LLC purchased a new stake in shares of iShares Agency Bond ETF during the fourth quarter valued at $1,104,000. PKS Advisory Services LLC purchased a new stake in iShares Agency Bond ETF in the 4th quarter valued at about $266,000. LPL Financial LLC grew its stake in iShares Agency Bond ETF by 1.2% in the 4th quarter. LPL Financial LLC now owns 27,150 shares of the company’s stock worth $2,931,000 after acquiring an additional 330 shares in the last quarter. Fortis Capital Management LLC increased its position in shares of iShares Agency Bond ETF by 6.1% during the fourth quarter. Fortis Capital Management LLC now owns 13,442 shares of the company’s stock worth $1,451,000 after acquiring an additional 769 shares during the period. Finally, Thrivent Financial for Lutherans bought a new stake in shares of iShares Agency Bond ETF during the fourth quarter valued at approximately $233,000. 9.74% of the stock is owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Price Performance

AGZ opened at $108.57 on Tuesday. iShares Agency Bond ETF has a 12-month low of $106.17 and a 12-month high of $110.89. The business’s fifty day simple moving average is $108.86 and its 200-day simple moving average is $108.70.

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.