EP Wealth Advisors LLC Increases Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

EP Wealth Advisors LLC grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,622,294 shares of the company’s stock after purchasing an additional 70,177 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 1.7% of EP Wealth Advisors LLC’s portfolio, making the stock its 12th biggest position. EP Wealth Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $157,476,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Kimelman & Baird LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $36,000. Newport Capital Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $3,932,000. Kampmann Melissa S. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12.3% in the second quarter. Kampmann Melissa S. now owns 9,778 shares of the company’s stock valued at $949,000 after buying an additional 1,070 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 27.2% during the second quarter. NewEdge Advisors LLC now owns 912,655 shares of the company’s stock worth $88,591,000 after buying an additional 195,003 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,916,290 shares of the company’s stock worth $865,507,000 after buying an additional 458,015 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

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

AGG opened at $101.50 on Monday. The business has a 50 day moving average price of $100.32 and a two-hundred day moving average price of $98.08. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $102.04.

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.