Andina Capital Management LLC Invests $3.72 Million in iShares Agency Bond ETF (NYSEARCA:AGZ)

Andina Capital Management LLC bought a new position in iShares Agency Bond ETF (NYSEARCA:AGZ) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 34,295 shares of the company’s stock, valued at approximately $3,719,000. iShares Agency Bond ETF accounts for about 3.2% of Andina Capital Management LLC’s holdings, making the stock its 12th biggest holding. Andina Capital Management LLC owned approximately 0.56% of iShares Agency Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Assetmark Inc. boosted its stake in iShares Agency Bond ETF by 859.4% in the 3rd quarter. Assetmark Inc. now owns 490,372 shares of the company’s stock worth $51,882,000 after purchasing an additional 439,258 shares in the last quarter. International Assets Investment Management LLC boosted its stake in iShares Agency Bond ETF by 8,113.0% in the 4th quarter. International Assets Investment Management LLC now owns 442,844 shares of the company’s stock worth $48,018,000 after purchasing an additional 437,452 shares in the last quarter. TRUE Private Wealth Advisors bought a new position in iShares Agency Bond ETF in the 4th quarter worth about $36,841,000. Arvest Investments Inc. bought a new position in iShares Agency Bond ETF in the 4th quarter worth about $10,466,000. Finally, Pathstone Family Office LLC bought a new position in iShares Agency Bond ETF in the 3rd quarter worth about $9,252,000. 9.74% of the stock is owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Price Performance

AGZ traded up $0.04 during midday trading on Wednesday, hitting $106.32. 8,811 shares of the company traded hands, compared to its average volume of 46,081. The company’s 50-day moving average is $107.43 and its 200 day moving average is $107.30. iShares Agency Bond ETF has a 52 week low of $104.80 and a 52 week high of $109.17.

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.