Sterling Investment Advisors LLC ADV Makes New $4.24 Million Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Sterling Investment Advisors LLC ADV bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 44,868 shares of the company’s stock, valued at approximately $4,242,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.9% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 18th largest position.

Several other hedge funds have also made changes to their positions in AGG. Main Street Group LTD purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at $30,000. John Boyer Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $33,000. Investors Research Corp lifted its stake in iShares Core U.S. Aggregate Bond ETF by 73.4% in the second quarter. Investors Research Corp now owns 352 shares of the company’s stock worth $35,000 after acquiring an additional 149 shares during the period. Downshift Financial LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 306.9% in the third quarter. Downshift Financial LLC now owns 415 shares of the company’s stock worth $39,000 after acquiring an additional 313 shares during the period. Finally, Steph & Co. bought a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $40,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $95.89 on Thursday. The stock has a market cap of $139.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The firm’s 50-day moving average is $95.90 and its two-hundred day moving average is $98.30. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $93.83 and a 1 year 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.