Steele Capital Management Inc. Acquires 675,359 Shares of iShares Agency Bond ETF $AGZ

Steele Capital Management Inc. bought a new position in iShares Agency Bond ETF (NYSEARCA:AGZ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 675,359 shares of the company’s stock, valued at approximately $71,142,000. iShares Agency Bond ETF accounts for 2.6% of Steele Capital Management Inc.’s investment portfolio, making the stock its 14th largest holding. Steele Capital Management Inc. owned approximately 0.11% of iShares Agency Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in iShares Agency Bond ETF during the 1st quarter worth about $224,000. Wedbush Securities Inc. bought a new stake in shares of iShares Agency Bond ETF in the second quarter valued at about $238,000. United Asset Strategies Inc. bought a new stake in shares of iShares Agency Bond ETF in the third quarter valued at about $347,000. Elevation Point Wealth Partners LLC lifted its holdings in shares of iShares Agency Bond ETF by 23.1% in the first quarter. Elevation Point Wealth Partners LLC now owns 4,485 shares of the company’s stock valued at $492,000 after purchasing an additional 843 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its position in shares of iShares Agency Bond ETF by 54.5% during the first quarter. Checchi Capital Advisers LLC now owns 6,623 shares of the company’s stock worth $727,000 after buying an additional 2,337 shares during the period. 9.74% of the stock is owned by institutional investors and hedge funds.

iShares Agency Bond ETF Trading Up 0.3%

NYSEARCA:AGZ opened at $107.83 on Friday. iShares Agency Bond ETF has a 52-week low of $105.96 and a 52-week high of $110.99. The stock has a 50-day simple moving average of $107.16 and a 200 day simple moving average of $108.84.

iShares Agency Bond ETF 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.