Ferguson Wellman Capital Management Inc. Acquires Shares of 1,700,375 iShares Core U.S. Aggregate Bond ETF $AGG

Ferguson Wellman Capital Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 1,700,375 shares of the company’s stock, valued at approximately $168,796,000. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.3% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its 9th largest holding. Ferguson Wellman Capital Management Inc. owned 0.12% of iShares Core U.S. Aggregate Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Valley National Advisers Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares in the last quarter. Cresta Advisors Ltd. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $25,000. Blueline Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $25,000. First Command Advisory Services Inc. grew its stake in 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 period. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $29,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

Shares of NYSEARCA:AGG traded down $0.10 during midday trading on Friday, reaching $98.08. The company’s stock had a trading volume of 7,745,404 shares, compared to its average volume of 9,452,830. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.51 and a 12-month high of $101.46. The firm has a market capitalization of $138.28 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm has a 50 day moving average of $98.65 and a 200-day moving average of $99.47.

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.