Arbor Investment Advisors LLC Purchases 20,046 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Arbor Investment Advisors LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 287,067 shares of the company’s stock after purchasing an additional 20,046 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 3.9% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 8th largest position. Arbor Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,817,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. US Bancorp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after acquiring an additional 3,717,053 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock worth $1,321,453,000 after purchasing an additional 230,711 shares during the last quarter. United Services Automobile Association grew its position in iShares Core U.S. Aggregate Bond ETF by 105.8% during the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock worth $924,510,000 after purchasing an additional 4,694,299 shares during the last quarter. FMR LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 20.4% during the 3rd quarter. FMR LLC now owns 9,092,454 shares of the company’s stock worth $920,793,000 after purchasing an additional 1,540,422 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 3.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 8,174,489 shares of the company’s stock worth $827,830,000 after purchasing an additional 282,022 shares during 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 iShares Core U.S. Aggregate Bond ETF stock opened at $98.02 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The company’s fifty day moving average is $97.08 and its two-hundred day moving average is $98.75.

About iShares Core U.S. Aggregate Bond ETF

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.