AE Wealth Management LLC Buys 49,761 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

AE Wealth Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 48.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,969 shares of the company’s stock after purchasing an additional 49,761 shares during the period. AE Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $14,752,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in AGG. First Community Trust NA bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at about $25,000. Vima LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $27,000. Lynx Investment Advisory acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $28,000. Atlas Capital Advisors LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth approximately $29,000. Finally, Elevate Wealth Advisory Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $31,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $101.49 on Friday. The firm has a fifty day simple moving average of $100.01 and a two-hundred day simple moving average of $97.96. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $102.04.

iShares Core U.S. Aggregate Bond ETF Company 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.