iShares Core U.S. Aggregate Bond ETF $AGG Stake Increased by AdvisorNet Financial Inc

AdvisorNet Financial Inc lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.0% in the first quarter, HoldingsChannel.com reports. The fund owned 338,179 shares of the company’s stock after acquiring an additional 6,605 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.7% of AdvisorNet Financial Inc’s portfolio, making the stock its 5th largest position. AdvisorNet Financial Inc’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $33,571,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Valley National Advisers Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Cresta Advisors Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $25,000. Blueline Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $25,000. First Command Advisory Services Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th 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 period. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $29,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.3%

iShares Core U.S. Aggregate Bond ETF stock opened at $98.63 on Tuesday. The company has a market capitalization of $134.76 billion, a PE ratio of 124.57 and a beta of 0.25. The firm has a fifty day simple moving average of $98.88 and a two-hundred day simple moving average of $99.60. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.51 and a twelve month high of $101.46.

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.