Addison Advisors LLC Raises Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Addison Advisors LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 83,089 shares of the company’s stock after buying an additional 5,452 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 2.6% of Addison Advisors LLC’s portfolio, making the stock its 6th largest holding. Addison Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,065,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of AGG. Synergy Asset Management LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 335.5% in the 2nd quarter. Synergy Asset Management LLC now owns 88,725 shares of the company’s stock valued at $8,613,000 after purchasing an additional 68,351 shares during the period. Blue Barn Wealth LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.7% in the second quarter. Blue Barn Wealth LLC now owns 85,458 shares of the company’s stock valued at $8,297,000 after acquiring an additional 2,211 shares in the last quarter. BBR Partners LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 67.6% during the second quarter. BBR Partners LLC now owns 12,096 shares of the company’s stock worth $1,174,000 after acquiring an additional 4,877 shares during the period. Hudock Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 0.5% in the 2nd quarter. Hudock Inc. now owns 208,105 shares of the company’s stock worth $20,201,000 after purchasing an additional 1,021 shares in the last quarter. Finally, First Business Financial Services Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.3% in the 2nd quarter. First Business Financial Services Inc. now owns 462,359 shares of the company’s stock valued at $44,881,000 after purchasing an additional 5,811 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.3 %

Shares of AGG traded up $0.32 during mid-day trading on Friday, hitting $101.38. 1,874,050 shares of the company’s stock were exchanged, compared to its average volume of 8,015,581. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $101.38. The stock’s 50-day simple moving average is $99.08 and its 200-day simple moving average is $97.63.

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.