iShares Agency Bond ETF (NYSEARCA:AGZ) Short Interest Down 35.4% in June

iShares Agency Bond ETF (NYSEARCA:AGZ) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 9,141 shares, a decline of 35.4% from the June 15th total of 14,140 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 12,246 shares, the days-to-cover ratio is presently 0.7 days.

iShares Agency Bond ETF Stock Up 0.0%

NYSEARCA AGZ traded up $0.03 on Friday, hitting $108.69. 10,238 shares of the company were exchanged, compared to its average volume of 18,087. iShares Agency Bond ETF has a 12 month low of $108.29 and a 12 month high of $111.00. The stock has a fifty day moving average of $108.97 and a 200-day moving average of $109.66.

Hedge Funds Weigh In On iShares Agency Bond ETF

Several institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of iShares Agency Bond ETF by 2.4% in the 1st quarter. Royal Bank of Canada now owns 9,707 shares of the company’s stock valued at $1,063,000 after buying an additional 226 shares during the period. Jane Street Group LLC raised its stake in 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 worth $3,732,000 after buying an additional 25,039 shares during the period. Cerity Partners LLC bought a new position in iShares Agency Bond ETF in the second quarter worth approximately $1,406,000. Raymond James Financial Inc. boosted its holdings in iShares Agency Bond ETF by 0.3% in the second 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 in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares Agency Bond ETF by 146.0% in the second quarter. Ameriprise Financial Inc. now owns 53,779 shares of the company’s stock valued at $5,900,000 after acquiring an additional 31,920 shares during the period. Institutional investors and hedge funds own 9.74% of the company’s stock.

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.