Summit Asset Management LLC Acquires 2,851 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Summit Asset Management LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 20,856 shares of the company’s stock after purchasing an additional 2,851 shares during the period. Summit Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,112,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. WMS Partners LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 0.9% during the first quarter. WMS Partners LLC now owns 96,744 shares of the company’s stock valued at $9,475,000 after buying an additional 901 shares during the last quarter. FineMark National Bank & Trust raised its holdings in iShares Core U.S. Aggregate Bond ETF by 0.7% in the 2nd quarter. FineMark National Bank & Trust now owns 14,659 shares of the company’s stock worth $1,423,000 after purchasing an additional 108 shares during the period. Spectrum Investment Advisors Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 24.1% in the 2nd quarter. Spectrum Investment Advisors Inc. now owns 46,767 shares of the company’s stock worth $4,540,000 after purchasing an additional 9,087 shares during the period. Wagner Wealth Management LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 30,500.0% during the third quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock valued at $31,000 after purchasing an additional 305 shares in the last quarter. Finally, AE Wealth Management LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 48.7% in the second quarter. AE Wealth Management LLC now owns 151,969 shares of the company’s stock worth $14,752,000 after buying an additional 49,761 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.0 %

NYSEARCA AGG opened at $97.68 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.46 and a 52 week high of $102.04. The stock’s 50-day moving average price is $99.97 and its 200-day moving average price is $98.66.

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.