iShares Core U.S. Aggregate Bond ETF $AGG Shares Bought by Merited Wealth LLC

Merited Wealth LLC increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 101.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 59,742 shares of the company’s stock after purchasing an additional 30,107 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 4.9% of Merited Wealth LLC’s investment portfolio, making the stock its 2nd largest holding. Merited Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,931,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AGG. Valley National Advisers Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Cresta Advisors Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. Blueline Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. First Command Advisory Services Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.50 on Thursday. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The firm has a market capitalization of $138.21 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The business has a 50-day simple moving average of $98.80 and a 200 day simple moving average of $99.55.

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.