154,538 Shares in iShares Core U.S. Aggregate Bond ETF $AGG Purchased by Fagan Associates Inc.

Fagan Associates Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 154,538 shares of the company’s stock, valued at approximately $14,610,000. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.7% of Fagan Associates Inc.’s portfolio, making the stock its 13th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Lineweaver Wealth Advisors LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 3.5% in the 3rd quarter. Lineweaver Wealth Advisors LLC now owns 391,692 shares of the company’s stock valued at $37,031,000 after acquiring an additional 13,101 shares during the period. Forvis Mazars Wealth Advisors LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $148,090,000. Verus Wealth Management LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 213.9% during the 3rd quarter. Verus Wealth Management LLC now owns 26,419 shares of the company’s stock worth $2,498,000 after acquiring an additional 18,002 shares during the period. Accel Wealth Management grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.2% in the 3rd quarter. Accel Wealth Management now owns 51,636 shares of the company’s stock valued at $4,882,000 after purchasing an additional 2,064 shares during the last quarter. Finally, Downshift Financial LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 306.9% in the 3rd quarter. Downshift Financial LLC now owns 415 shares of the company’s stock valued at $39,000 after purchasing an additional 313 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG traded up $0.05 during trading on Tuesday, reaching $94.71. The company had a trading volume of 9,543,064 shares, compared to its average volume of 9,519,562. The firm has a market capitalization of $136.92 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The stock’s fifty day moving average price is $96.30 and its 200 day moving average price is $97.83. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.83 and a fifty-two week 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.