American Financial Advisors LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

American Financial Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, HoldingsChannel.com reports. The fund bought 2,860 shares of the company’s stock, valued at approximately $284,000.

A number of other hedge funds have also made changes to their positions in AGG. Moneta Group Investment Advisors LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 90,331.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 62,881,813 shares of the company’s stock valued at $6,098,907,000 after acquiring an additional 62,812,278 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $1,416,230,000. Charles Schwab Investment Management Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 120.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock worth $1,706,332,000 after buying an additional 9,923,920 shares during the period. TIAA Trust National Association acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $657,826,000. Finally, United Services Automobile Association grew its holdings in iShares Core U.S. Aggregate Bond ETF by 127.4% during the 3rd quarter. United Services Automobile Association now owns 7,073,294 shares of the company’s stock worth $665,173,000 after acquiring an additional 3,962,762 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock traded up $0.11 during mid-day trading on Friday, hitting $95.39. 9,121,593 shares of the company were exchanged, compared to its average volume of 9,307,015. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $100.42. The firm has a fifty day simple moving average of $97.12 and a 200 day simple moving average of $96.53.

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.