iShares Core U.S. Aggregate Bond ETF $AGG Shares Purchased by Savvy Advisors Inc.

Savvy Advisors Inc. grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.0% during the 4th quarter, HoldingsChannel reports. The firm owned 577,483 shares of the company’s stock after purchasing an additional 107,820 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 1.9% of Savvy Advisors Inc.’s portfolio, making the stock its 8th largest holding. Savvy Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $57,679,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of AGG. Brighton Jones LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after acquiring an additional 7,030 shares during the period. Revolve Wealth Partners LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after purchasing an additional 3,044 shares during the period. Russell Investments Group Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $111,000. Edgestream Partners L.P. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $971,000. Finally, GeoWealth Management LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 57.3% in the 2nd quarter. GeoWealth Management LLC now owns 23,961 shares of the company’s stock valued at $2,377,000 after purchasing an additional 8,732 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $99.23 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.46. The company’s 50 day moving average price is $100.01 and its two-hundred day moving average price is $100.19. The company has a market capitalization of $138.60 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.