Clare Market Investments LLC Invests $567,000 in iShares Core U.S. Aggregate Bond ETF $AGG

Clare Market Investments LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the first quarter, HoldingsChannel reports. The institutional investor purchased 5,709 shares of the company’s stock, valued at approximately $567,000.

A number of other hedge funds have also made changes to their positions in the business. Valley National Advisers Inc. increased 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 stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. Blueline Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. First Command Advisory Services Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $29,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $98.66 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46. The firm has a fifty day moving average of $98.76 and a 200-day moving average of $99.53. The company has a market cap of $138.43 billion, a price-to-earnings 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.