Geneos Wealth Management Inc. Grows Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Geneos Wealth Management Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 69.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 107,826 shares of the company’s stock after purchasing an additional 44,175 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,696,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AGG. Angeles Investment Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $26,000. North Ridge Wealth Advisors Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at approximately $29,000. Transce3nd LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% in the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after purchasing an additional 222 shares during the period. IMA Advisory Services Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $60,000. Finally, Activest Wealth Management boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 252.6% during the second quarter. Activest Wealth Management now owns 617 shares of the company’s stock worth $61,000 after buying an additional 442 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $99.81 on Friday. The firm’s fifty day moving average is $100.44 and its 200 day moving average is $99.47. The firm has a market cap of $134.31 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35.

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.