CHB Investment Group LLC Takes $3.02 Million Position in iShares Agency Bond ETF (NYSEARCA:AGZ)

CHB Investment Group LLC acquired a new stake in iShares Agency Bond ETF (NYSEARCA:AGZ) in the third quarter, Holdings Channel reports. The institutional investor acquired 27,311 shares of the company’s stock, valued at approximately $3,015,000. iShares Agency Bond ETF accounts for approximately 1.6% of CHB Investment Group LLC’s portfolio, making the stock its 18th largest holding.

A number of other institutional investors also recently made changes to their positions in the business. Strategic Financial Concepts LLC purchased a new stake in iShares Agency Bond ETF during the 2nd quarter valued at $27,000. New Covenant Trust Company N.A. purchased a new stake in iShares Agency Bond ETF during the 1st quarter valued at $58,000. Ashton Thomas Private Wealth LLC purchased a new stake in iShares Agency Bond ETF during the 2nd quarter valued at $108,000. Comerica Bank boosted its position in iShares Agency Bond ETF by 17.5% during the 1st quarter. Comerica Bank now owns 2,127 shares of the company’s stock valued at $230,000 after buying an additional 317 shares during the period. Finally, Fiduciary Financial Group LLC purchased a new stake in iShares Agency Bond ETF during the 2nd quarter valued at $346,000. Hedge funds and other institutional investors own 9.74% of the company’s stock.

iShares Agency Bond ETF Stock Performance

Shares of NYSEARCA AGZ opened at $109.48 on Friday. iShares Agency Bond ETF has a 12 month low of $104.83 and a 12 month high of $110.89. The firm has a fifty day simple moving average of $110.04 and a two-hundred day simple moving average of $108.49.

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.