iShares Core U.S. Aggregate Bond ETF $AGG Shares Newly Acquired by Fagan Associates Inc.

Fagan Associates Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 154,538 shares of the company’s stock, valued at approximately $14,610,000. iShares Core U.S. Aggregate Bond ETF accounts for about 1.7% of Fagan Associates Inc.’s investment portfolio, making the stock its 13th largest position.

A number of other large investors have also modified their holdings of AGG. Main Street Group LTD acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $30,000. Investors Research Corp raised its position in iShares Core U.S. Aggregate Bond ETF by 73.4% in the second quarter. Investors Research Corp now owns 352 shares of the company’s stock worth $35,000 after acquiring an additional 149 shares in the last quarter. Signature Equity Partners LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 182.9% in the first quarter. Signature Equity Partners LLC now owns 413 shares of the company’s stock worth $41,000 after acquiring an additional 267 shares in the last quarter. Downshift Financial LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 306.9% in the third quarter. Downshift Financial LLC now owns 415 shares of the company’s stock valued at $39,000 after acquiring an additional 313 shares during the period. Finally, Steph & Co. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $40,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG traded up $0.05 during trading on Tuesday, hitting $94.71. 9,543,064 shares of the company were exchanged, compared to its average volume of 9,519,562. The company has a market cap of $136.92 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $93.83 and a 1 year high of $101.46. The firm’s fifty day moving average price is $96.30 and its 200 day moving average price is $97.83.

iShares Core U.S. Aggregate Bond ETF Profile

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.