Stonegate Investment Group LLC Raises Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Stonegate Investment Group LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,000 shares of the company’s stock after purchasing an additional 3,000 shares during the period. Stonegate Investment Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,897,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AGG. Bristlecone Advisors LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 15.3% during the first quarter. Bristlecone Advisors LLC now owns 361,924 shares of the company’s stock valued at $35,447,000 after acquiring an additional 48,004 shares during the last quarter. Strategic Financial Concepts LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 34.2% in the first quarter. Strategic Financial Concepts LLC now owns 79,996 shares of the company’s stock worth $7,835,000 after acquiring an additional 20,408 shares during the period. Confluence Wealth Services Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter worth approximately $241,000. Cahaba Wealth Management Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.5% during the 1st quarter. Cahaba Wealth Management Inc. now owns 1,366,297 shares of the company’s stock worth $133,815,000 after acquiring an additional 46,420 shares during the last quarter. Finally, Forza Wealth Management LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.6% during the 1st quarter. Forza Wealth Management LLC now owns 11,479 shares of the company’s stock valued at $1,124,000 after acquiring an additional 400 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock traded down $0.39 during trading on Tuesday, reaching $95.23. The company had a trading volume of 11,199,768 shares, compared to its average volume of 9,264,740. The firm’s 50-day simple moving average is $96.83 and its 200 day simple moving average is $96.70. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $100.42.

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.