Arbor Investment Advisors LLC Has $40.45 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Arbor Investment Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 407,435 shares of the company’s stock after purchasing an additional 6,549 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 5.3% of Arbor Investment Advisors LLC’s portfolio, making the stock its 6th biggest position. Arbor Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $40,446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blueline Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $25,000. Cresta Advisors Ltd. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Valley National Advisers Inc. grew its stake in shares of 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 last quarter. First Command Advisory Services Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $98.61 on Monday. The stock has a 50-day moving average of $98.76 and a 200-day moving average of $99.53. The stock has a market cap of $138.36 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.51 and a 1-year 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.