Lido Advisors LLC Purchases New Shares in iShares Core U.S. Aggregate Bond ETF $AGG

Lido Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, Holdings Channel reports. The institutional investor purchased 490,607 shares of the company’s stock, valued at approximately $46,382,000.

A number of other institutional investors also recently modified their holdings of AGG. Fortitude Advisory Group L.L.C. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the second quarter. Fortitude Advisory Group L.L.C. now owns 8,566 shares of the company’s stock worth $848,000 after buying an additional 107 shares during the period. Asset Management Group Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 0.5% during the first quarter. Asset Management Group Inc. now owns 25,418 shares of the company’s stock worth $2,523,000 after buying an additional 122 shares during the last quarter. Trilogy Capital Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 0.5% during the second quarter. Trilogy Capital Inc. now owns 23,395 shares of the company’s stock worth $2,316,000 after buying an additional 126 shares during the last quarter. Everhart Financial Group Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 3.7% in the second quarter. Everhart Financial Group Inc. now owns 3,551 shares of the company’s stock valued at $351,000 after buying an additional 126 shares during the period. Finally, Investors Research Corp lifted its holdings 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 valued at $35,000 after buying an additional 149 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.7%

AGG stock opened at $95.88 on Wednesday. The firm has a market cap of $138.19 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The company’s fifty day simple moving average is $95.66 and its 200 day simple moving average is $98.12. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $93.83 and a 12-month high of $101.46.

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.