Synergy Asset Management LLC Increases Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Synergy Asset Management LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 29.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 20,374 shares of the company’s stock after buying an additional 4,582 shares during the period. Synergy Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,995,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Truist Financial Corp lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 15.2% in the fourth quarter. Truist Financial Corp now owns 6,382,581 shares of the company’s stock worth $633,471,000 after buying an additional 840,304 shares in the last quarter. Cherry Tree Wealth Management LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 26.4% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 32,582 shares of the company’s stock worth $3,234,000 after purchasing an additional 6,799 shares during the last quarter. Consolidated Planning Corp bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $225,000. JMG Financial Group Ltd. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the 4th quarter. JMG Financial Group Ltd. now owns 14,374 shares of the company’s stock valued at $1,427,000 after buying 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 valued at about $35,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2 %

NYSEARCA AGG traded up $0.24 during trading hours on Tuesday, hitting $96.49. 2,462,077 shares of the company were exchanged, compared to its average volume of 8,280,867. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $99.70. The stock has a 50-day moving average price of $96.67 and a 200 day moving average price of $97.37.

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.