Somnio Financial Group LLC Buys 7,148 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Somnio Financial Group LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.3% during the second quarter, HoldingsChannel reports. The firm owned 141,923 shares of the company’s stock after acquiring an additional 7,148 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 8.3% of Somnio Financial Group LLC’s investment portfolio, making the stock its 4th largest position. Somnio Financial Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $14,048,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Valley National Advisers Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Cresta Advisors Ltd. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Blueline Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. First Command Advisory Services Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 321.2% during the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $97.66 on Wednesday. The company has a fifty day moving average price of $98.36 and a two-hundred day moving average price of $99.19. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.12 and a one year high of $101.46. The stock has a market cap of $137.81 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.