Verus Financial Partners Inc. Acquires New Shares in iShares Core U.S. Aggregate Bond ETF $AGG

Verus Financial Partners Inc. purchased 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 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 50,583 shares of the company’s stock, valued at approximately $4,782,000. iShares Core U.S. Aggregate Bond ETF makes up 0.4% of Verus Financial Partners Inc.’s holdings, making the stock its 24th biggest position.

A number of other hedge funds have also modified their holdings of the business. Childress Capital Advisors LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 1.0% during the first quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock worth $1,057,000 after buying an additional 107 shares in the last quarter. Fortitude Advisory Group L.L.C. grew its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% in the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 8,566 shares of the company’s stock worth $848,000 after acquiring an additional 107 shares during the period. Evolution Wealth Management Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 13.9% in the 1st quarter. Evolution Wealth Management Inc. now owns 977 shares of the company’s stock worth $97,000 after acquiring an additional 119 shares during the period. Asset Management Group Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 0.5% in the 1st quarter. Asset Management Group Inc. now owns 25,418 shares of the company’s stock valued at $2,523,000 after acquiring an additional 122 shares during the last quarter. Finally, Trilogy Capital Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 0.5% in the 2nd quarter. Trilogy Capital Inc. now owns 23,395 shares of the company’s stock valued at $2,316,000 after acquiring an additional 126 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

AGG stock opened at $96.36 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46. The stock’s fifty day simple moving average is $95.84 and its 200-day simple moving average is $98.26. The stock has a market capitalization of $139.81 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.