Heritage Wealth Management Inc. Purchases New Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Heritage Wealth Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,493 shares of the company’s stock, valued at approximately $2,097,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 0.7% of Heritage Wealth Management Inc.’s portfolio, making the stock its 29th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in AGG. Global Assets Advisory LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 12,066.6% in the first quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after buying an additional 5,813,688 shares during the period. State of Michigan Retirement System acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter worth $498,454,000. Envestnet Asset Management Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after buying an additional 4,641,016 shares during the period. US Bancorp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 9.3% in the first quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $3,104,615,000 after buying an additional 2,691,016 shares during the period. Finally, Raymond James & Associates increased its position in iShares Core U.S. Aggregate Bond ETF by 4.0% in the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after buying an additional 2,640,524 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.0 %

Shares of NYSEARCA AGG opened at $101.24 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $91.58 and a 1-year high of $102.04. The business’s fifty day moving average price is $100.45 and its two-hundred day moving average price is $98.14.

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.