iShares Core U.S. Aggregate Bond ETF $AGG Shares Purchased by Towercrest Capital Management

Towercrest Capital Management increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 408,315 shares of the company’s stock after purchasing an additional 25,706 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 6.3% of Towercrest Capital Management’s investment portfolio, making the stock its 3rd biggest holding. Towercrest Capital Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $40,535,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. NBC Securities Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 30.1% during the 4th quarter. NBC Securities Inc. now owns 59,388 shares of the company’s stock worth $5,932,000 after purchasing an additional 13,724 shares during the period. Capital Asset Advisory Services LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 8.7% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,772,568 shares of the company’s stock valued at $177,292,000 after buying an additional 141,584 shares during the period. Curated Wealth Partners LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $3,913,000. CPR Investments Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 205.1% during the fourth quarter. CPR Investments Inc. now owns 53,934 shares of the company’s stock worth $5,387,000 after buying an additional 36,256 shares in the last quarter. Finally, Clearstead Advisors LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 22.2% during the fourth quarter. Clearstead Advisors LLC now owns 217,140 shares of the company’s stock worth $21,688,000 after buying an additional 39,415 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 Price Performance

Shares of AGG stock traded down $0.10 during trading hours on Friday, reaching $98.08. 7,745,404 shares of the stock were exchanged, compared to its average volume of 9,452,830. The business’s fifty day moving average is $98.65 and its two-hundred day moving average is $99.47. The firm has a market capitalization of $138.28 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.51 and a 12-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.