Zhang Financial LLC Purchases 442,516 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Zhang Financial LLC raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 97.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 898,297 shares of the company’s stock after purchasing an additional 442,516 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 3.1% of Zhang Financial LLC’s holdings, making the stock its 9th largest position. Zhang Financial LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $89,174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Blueline Advisors LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Cresta Advisors Ltd. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Valley National Advisers Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the period. First Command Advisory Services Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the period. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.20 on Friday. The company has a market capitalization of $138.63 billion, a P/E 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. The company’s fifty day moving average is $98.55 and its two-hundred day moving average is $99.40.

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.