Raymond James Financial Inc. Purchases New Holdings in iShares Agency Bond ETF (NYSEARCA:AGZ)

Raymond James Financial Inc. acquired a new position in iShares Agency Bond ETF (NYSEARCA:AGZ) in the 4th quarter, HoldingsChannel reports. The fund acquired 230,029 shares of the company’s stock, valued at approximately $24,834,000.

Several other large investors have also modified their holdings of the business. Faithward Advisors LLC lifted its stake in shares of iShares Agency Bond ETF by 5.5% during the 4th quarter. Faithward Advisors LLC now owns 181,415 shares of the company’s stock worth $19,586,000 after acquiring an additional 9,459 shares during the last quarter. Straightline Group LLC purchased a new stake in iShares Agency Bond ETF in the fourth quarter worth $17,633,000. Envestnet Asset Management Inc. lifted its position in shares of iShares Agency Bond ETF by 17.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 124,286 shares of the company’s stock worth $13,418,000 after purchasing an additional 18,719 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of iShares Agency Bond ETF by 38.1% during the fourth quarter. Wells Fargo & Company MN now owns 150,367 shares of the company’s stock valued at $16,234,000 after purchasing an additional 41,493 shares during the period. Finally, Maridea Wealth Management LLC bought a new position in shares of iShares Agency Bond ETF in the fourth quarter worth about $1,104,000. Hedge funds and other institutional investors own 9.74% of the company’s stock.

iShares Agency Bond ETF Stock Down 0.0 %

iShares Agency Bond ETF stock opened at $109.02 on Friday. The company has a 50 day moving average price of $108.91 and a 200-day moving average price of $108.68. iShares Agency Bond ETF has a fifty-two week low of $106.17 and a fifty-two week high of $110.89.

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.