Envestnet Portfolio Solutions Inc. Reduces Stake in iShares Agency Bond ETF (NYSEARCA:AGZ)

Envestnet Portfolio Solutions Inc. reduced its position in iShares Agency Bond ETF (NYSEARCA:AGZ) by 7.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,571 shares of the company’s stock after selling 294 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.06% of iShares Agency Bond ETF worth $387,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Baker Avenue Asset Management LP purchased a new position in iShares Agency Bond ETF during the third quarter worth $40,000. Principal Securities Inc. purchased a new position in iShares Agency Bond ETF during the fourth quarter worth $62,000. NBC Securities Inc. acquired a new stake in shares of iShares Agency Bond ETF during the third quarter worth $65,000. Global Retirement Partners LLC boosted its holdings in shares of iShares Agency Bond ETF by 36.8% during the fourth quarter. Global Retirement Partners LLC now owns 903 shares of the company’s stock worth $98,000 after purchasing an additional 243 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC acquired a new stake in shares of iShares Agency Bond ETF during the third quarter worth $217,000. 9.74% of the stock is owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Stock Performance

AGZ stock opened at $107.26 on Friday. iShares Agency Bond ETF has a 52-week low of $104.80 and a 52-week high of $108.88. The stock’s fifty day simple moving average is $107.20 and its 200-day simple moving average is $107.49.

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.