Glassy Mountain Advisors Inc. Buys 6,788 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Glassy Mountain Advisors Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 82,368 shares of the company’s stock after purchasing an additional 6,788 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 2.5% of Glassy Mountain Advisors Inc.’s investment portfolio, making the stock its 16th largest holding. Glassy Mountain Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Blueline Advisors LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Cresta Advisors Ltd. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Valley National Advisers Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the period. Wiser Advisor Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter worth $29,000. Finally, North Ridge Wealth Advisors Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter worth $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $98.50 on Thursday. The firm’s fifty day moving average is $99.00 and its two-hundred day moving average is $99.76. The firm has a market cap of $134.58 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.25 and a twelve month high of $101.46.

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.