Apollon Wealth Management LLC Acquires 11,603 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Apollon Wealth Management LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 20.9% during the 1st quarter, Holdings Channel.com reports. The fund owned 67,029 shares of the company’s stock after purchasing an additional 11,603 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,654,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in AGG. Bank of America Corp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 16.0% in the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares during the period. Raymond James Financial Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 7.0% during the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after buying an additional 5,514,115 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after buying an additional 4,942,715 shares during the period. Northern Trust Corp lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 25.1% during the 4th quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock valued at $2,068,108,000 after buying an additional 4,148,106 shares during the period. Finally, Constellation Investments Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 70.2% in the 4th quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock worth $705,444,000 after buying an additional 2,914,000 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $99.37 on Tuesday. The firm has a market capitalization of $135.77 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The business has a fifty day moving average of $98.85 and a 200 day moving average of $99.57.

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.