Glassy Mountain Advisors Inc. Takes $2.59 Million Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Glassy Mountain Advisors Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Get Rating) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,706 shares of the company’s stock, valued at approximately $2,590,000. iShares Core U.S. Aggregate Bond ETF accounts for about 1.4% of Glassy Mountain Advisors Inc.’s investment portfolio, making the stock its 26th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in AGG. Core Wealth Advisors Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $26,000. HighMark Wealth Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $30,000. John W. Brooker & Co. CPAs bought a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $33,000. Worth Asset Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at $44,000. Finally, First Manhattan Co. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 42.3% during the 1st quarter. First Manhattan Co. now owns 434 shares of the company’s stock valued at $46,000 after acquiring an additional 129 shares during the last quarter. 80.07% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.6 %

NYSEARCA AGG traded up $0.62 during trading hours on Friday, reaching $99.50. 8,277,602 shares of the company traded hands, compared to its average volume of 7,902,304. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.20 and a 12 month high of $108.14. The company has a 50 day moving average of $98.78 and a two-hundred day moving average of $97.82.

About iShares Core U.S. Aggregate Bond ETF

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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.