W.G. Shaheen & Associates DBA Whitney & Co Makes New $1.39 Million Investment in iShares Core U.S. Aggregate Bond ETF $AGG

W.G. Shaheen & Associates DBA Whitney & Co bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,681 shares of the company’s stock, valued at approximately $1,388,000.

Other large investors have also bought and sold shares of the company. Financial Network Wealth Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $27,000. Asset Dedication LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $27,000. Main Street Group LTD bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth about $30,000. JCIC Asset Management Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $30,000. Finally, John Boyer Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $33,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG traded down $0.07 during trading hours on Friday, hitting $96.55. The stock had a trading volume of 11,643,365 shares, compared to its average volume of 9,771,159. 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 has a market capitalization of $139.35 billion, a P/E ratio of 124.57 and a beta of 0.26. The firm has a 50 day simple moving average of $95.71 and a 200-day simple moving average of $98.16.

About iShares Core U.S. Aggregate Bond ETF

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.