iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is Steele Capital Management Inc.’s 5th Largest Position

Steele Capital Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 780,702 shares of the company’s stock after buying an additional 53,005 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 4.4% of Steele Capital Management Inc.’s holdings, making the stock its 5th largest holding. Steele Capital Management Inc. owned about 0.07% of iShares Core U.S. Aggregate Bond ETF worth $76,462,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in AGG. Truist Financial Corp raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 15.2% in the 4th quarter. Truist Financial Corp now owns 6,382,581 shares of the company’s stock worth $633,471,000 after acquiring an additional 840,304 shares in the last quarter. Cherry Tree Wealth Management LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 26.4% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 32,582 shares of the company’s stock worth $3,234,000 after acquiring an additional 6,799 shares in the last quarter. Consolidated Planning Corp bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $225,000. JMG Financial Group Ltd. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% in the 4th quarter. JMG Financial Group Ltd. now owns 14,374 shares of the company’s stock worth $1,427,000 after acquiring an additional 258 shares in the last quarter. Finally, Kozak & Associates Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $35,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.5 %

NYSEARCA:AGG traded down $0.52 during mid-day trading on Monday, hitting $96.25. 12,236,470 shares of the company’s stock traded hands, compared to its average volume of 8,327,414. The company has a fifty day moving average of $96.67 and a 200 day moving average of $97.37. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $99.70.

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.