Iowa State Bank Makes New $1.64 Million Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Iowa State Bank bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 17,304 shares of the company’s stock, valued at approximately $1,636,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Verus Wealth Management LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock worth $800,000 after buying an additional 106 shares during the last quarter. Childress Capital Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% in the first quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock valued at $1,057,000 after acquiring an additional 107 shares during the last quarter. Fortitude Advisory Group L.L.C. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% in the second quarter. Fortitude Advisory Group L.L.C. now owns 8,566 shares of the company’s stock valued at $848,000 after acquiring an additional 107 shares during the last quarter. Waystone Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.2% in the first quarter. Waystone Advisors LLC now owns 3,719 shares of the company’s stock valued at $369,000 after acquiring an additional 116 shares during the last quarter. Finally, Evolution Wealth Management Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 13.9% during the first quarter. Evolution Wealth Management Inc. now owns 977 shares of the company’s stock worth $97,000 after acquiring an additional 119 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG traded up $0.20 during trading hours on Tuesday, hitting $94.33. 5,383,807 shares of the company traded hands, compared to its average volume of 9,441,303. The business’s 50-day moving average is $96.66 and its 200-day moving average is $98.02. The stock has a market capitalization of $135.43 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $93.83 and a twelve month 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.