Checchi Capital Advisers LLC Reduces Holdings in iShares Agency Bond ETF (AGZ)

Checchi Capital Advisers LLC reduced its position in iShares Agency Bond ETF (NYSEARCA:AGZ) by 50.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,486 shares of the company’s stock after selling 5,653 shares during the period. Checchi Capital Advisers LLC’s holdings in iShares Agency Bond ETF were worth $623,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Raymond James & Associates increased its position in iShares Agency Bond ETF by 8.6% in the 4th quarter. Raymond James & Associates now owns 192,744 shares of the company’s stock worth $21,612,000 after purchasing an additional 15,287 shares during the last quarter. Bank of America Corp DE increased its position in iShares Agency Bond ETF by 28.2% in the 4th quarter. Bank of America Corp DE now owns 122,771 shares of the company’s stock worth $13,766,000 after purchasing an additional 27,003 shares during the last quarter. Keybank National Association OH increased its position in iShares Agency Bond ETF by 4.6% in the 1st quarter. Keybank National Association OH now owns 103,187 shares of the company’s stock worth $11,719,000 after purchasing an additional 4,498 shares during the last quarter. WBI Investments Inc. acquired a new position in iShares Agency Bond ETF in the 4th quarter worth about $10,912,000. Finally, Morgan Stanley increased its position in iShares Agency Bond ETF by 7.2% in the 3rd quarter. Morgan Stanley now owns 75,139 shares of the company’s stock worth $8,319,000 after purchasing an additional 5,071 shares during the last quarter.

Shares of AGZ stock opened at $113.61 on Thursday. iShares Agency Bond ETF has a fifty-two week low of $109.81 and a fifty-two week high of $113.87.

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a dividend of $0.2362 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $2.83 annualized dividend and a yield of 2.49%.

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Institutional Ownership by Quarter for iShares Agency Bond ETF (NYSEARCA:AGZ)

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