iShares Core U.S. Aggregate Bond ETF $AGG Stake Increased by Towercrest Capital Management

Towercrest Capital Management boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.0% in the 3rd quarter, Holdings Channel reports. The firm owned 345,590 shares of the company’s stock after acquiring an additional 36,938 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 5.6% of Towercrest Capital Management’s portfolio, making the stock its 3rd largest position. Towercrest Capital Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $34,645,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of AGG. Axis Wealth Partners LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.1% in the third quarter. Axis Wealth Partners LLC now owns 22,192 shares of the company’s stock valued at $2,225,000 after acquiring an additional 1,085 shares during the period. Associated Banc Corp lifted its stake in iShares Core U.S. Aggregate Bond ETF by 113.5% in the 3rd quarter. Associated Banc Corp now owns 5,780 shares of the company’s stock worth $579,000 after purchasing an additional 3,073 shares in the last quarter. Clearview Wealth Advisors LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 9.5% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 2,931 shares of the company’s stock worth $294,000 after purchasing an additional 255 shares in the last quarter. Stonehearth Capital Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $309,000. Finally, Steele Capital Management Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.3% during the 3rd quarter. Steele Capital Management Inc. now owns 877,509 shares of the company’s stock valued at $87,970,000 after purchasing an additional 67,015 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $100.16 on Monday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $101.35. The stock has a market cap of $136.50 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm’s fifty day moving average price is $100.15 and its 200-day moving average price is $99.77.

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.