Salem Investment Counselors Inc. Boosts Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Salem Investment Counselors Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,222 shares of the company’s stock after buying an additional 2,744 shares during the period. Salem Investment Counselors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,393,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AGG. United Services Automobile Association grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 127.4% in the 3rd quarter. United Services Automobile Association now owns 7,073,294 shares of the company’s stock worth $665,173,000 after buying an additional 3,962,762 shares during the last quarter. US Bancorp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 11.8% during the 4th quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock worth $2,879,058,000 after purchasing an additional 3,071,624 shares during the last quarter. P E Global LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 77.2% during the 4th quarter. P E Global LLC now owns 6,745,576 shares of the company’s stock worth $669,498,000 after purchasing an additional 2,937,853 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in iShares Core U.S. Aggregate Bond ETF by 26.1% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 13,410,674 shares of the company’s stock worth $1,261,140,000 after purchasing an additional 2,773,905 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in iShares Core U.S. Aggregate Bond ETF by 2.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock worth $8,395,146,000 after purchasing an additional 2,551,739 shares during 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

NYSEARCA:AGG opened at $97.76 on Monday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $99.70. The company’s 50 day moving average is $96.45 and its two-hundred day moving average is $97.37.

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.