iShares Agency Bond ETF (NYSEARCA:AGZ) Short Interest Update

iShares Agency Bond ETF (NYSEARCA:AGZ) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,303 shares, a drop of 82.3% from the April 15th total of 24,373 shares. Based on an average trading volume of 16,840 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

iShares Agency Bond ETF Stock Down 0.2%

AGZ traded down $0.18 during trading hours on Tuesday, hitting $109.06. The company’s stock had a trading volume of 4,350 shares, compared to its average volume of 21,316. iShares Agency Bond ETF has a fifty-two week low of $108.19 and a fifty-two week high of $111.00. The company has a 50-day simple moving average of $109.77 and a 200 day simple moving average of $110.16.

Hedge Funds Weigh In On iShares Agency Bond ETF

Several hedge funds have recently modified their holdings of AGZ. Royal Bank of Canada increased its position in shares of iShares Agency Bond ETF by 2.4% during the 1st quarter. Royal Bank of Canada now owns 9,707 shares of the company’s stock valued at $1,063,000 after purchasing an additional 226 shares during the period. Jane Street Group LLC grew its holdings in shares of iShares Agency Bond ETF by 276.3% in the 1st quarter. Jane Street Group LLC now owns 34,101 shares of the company’s stock worth $3,732,000 after acquiring an additional 25,039 shares during the last quarter. Cerity Partners LLC acquired a new position in shares of iShares Agency Bond ETF in the 2nd quarter worth $1,406,000. Raymond James Financial Inc. grew its holdings in shares of iShares Agency Bond ETF by 0.3% in the 2nd quarter. Raymond James Financial Inc. now owns 288,709 shares of the company’s stock worth $31,671,000 after acquiring an additional 749 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Agency Bond ETF by 146.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 53,779 shares of the company’s stock worth $5,900,000 after acquiring an additional 31,920 shares during the last quarter. 9.74% of the stock is currently owned by institutional investors and hedge funds.

About iShares Agency Bond ETF

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.