Waycross Investment Management Co Buys New Shares in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Waycross Investment Management Co purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 47,573 shares of the company’s stock, valued at approximately $4,818,000. iShares Core U.S. Aggregate Bond ETF accounts for about 4.4% of Waycross Investment Management Co’s portfolio, making the stock its 6th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CIBC Asset Management Inc lifted its position in iShares Core U.S. Aggregate Bond ETF by 16.2% in the 4th quarter. CIBC Asset Management Inc now owns 9,427 shares of the company’s stock worth $936,000 after buying an additional 1,312 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 0.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 80,343 shares of the company’s stock valued at $7,974,000 after acquiring an additional 734 shares during the last quarter. Morningstar Investment Services LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $570,000. Waterloo Capital L.P. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 53.8% in the 4th quarter. Waterloo Capital L.P. now owns 93,649 shares of the company’s stock worth $9,295,000 after acquiring an additional 32,773 shares during the last quarter. Finally, Vantage Financial Partners Ltd. Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $464,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG traded down $0.65 during trading on Friday, hitting $99.96. 9,641,064 shares of the company’s stock traded hands, compared to its average volume of 8,006,679. The stock has a fifty day moving average of $100.60 and a two-hundred day moving average of $98.21. 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.