Patriot Investment Management Group Inc. Buys 63,154 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Patriot Investment Management Group Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 31.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 263,852 shares of the company’s stock after acquiring an additional 63,154 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 1.4% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 11th biggest holding. Patriot Investment Management Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,945,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. Main Street Group LTD bought a new position in iShares Core U.S. Aggregate Bond ETF during the first quarter valued at approximately $30,000. Investors Research Corp raised its position in shares of 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 valued at $35,000 after purchasing an additional 149 shares during the period. Signature Equity Partners LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 182.9% in the 1st quarter. Signature Equity Partners LLC now owns 413 shares of the company’s stock worth $41,000 after acquiring an additional 267 shares during the period. Downshift Financial LLC increased its stake in shares of 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 worth $39,000 after purchasing an additional 313 shares during the period. Finally, Steph & Co. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $40,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.6%

AGG opened at $95.41 on Friday. The business has a 50 day moving average of $96.20 and a 200-day moving average of $97.78. The stock has a market capitalization of $138.33 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.

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.