Cahaba Wealth Management Inc. Has $2.29 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Cahaba Wealth Management Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 34.1% in the first quarter, Holdings Channel.com reports. The firm owned 23,028 shares of the company’s stock after purchasing an additional 5,855 shares during the period. Cahaba Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,286,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. NBC Securities Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 30.1% during the fourth quarter. NBC Securities Inc. now owns 59,388 shares of the company’s stock worth $5,932,000 after purchasing an additional 13,724 shares during the period. Capital Asset Advisory Services LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 8.7% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,772,568 shares of the company’s stock worth $177,292,000 after buying an additional 141,584 shares in the last quarter. Curated Wealth Partners LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $3,913,000. CPR Investments Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 205.1% during the 4th quarter. CPR Investments Inc. now owns 53,934 shares of the company’s stock valued at $5,387,000 after buying an additional 36,256 shares during the period. Finally, Clearstead Advisors LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 22.2% during the 4th quarter. Clearstead Advisors LLC now owns 217,140 shares of the company’s stock valued at $21,688,000 after acquiring an additional 39,415 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2%

Shares of NYSEARCA:AGG opened at $98.04 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46. The business has a fifty day simple moving average of $98.69 and a 200 day simple moving average of $99.49. The firm has a market cap of $137.56 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF Company 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.