Blue Trust Inc. Boosts Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Blue Trust Inc. raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,450,953 shares of the company’s stock after acquiring an additional 49,490 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 2.8% of Blue Trust Inc.’s holdings, making the stock its 14th largest holding. Blue Trust Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $243,306,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in AGG. Valley National Advisers Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Cresta Advisors Ltd. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Blueline Advisors LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $25,000. First Command Advisory Services Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $99.19 on Thursday. The company’s 50 day simple moving average is $98.86 and its 200 day simple moving average is $99.58. The company has a market capitalization of $135.52 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46.

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.