iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Purchased by Pointe Capital Management LLC

Pointe Capital Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 65.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,029 shares of the company’s stock after buying an additional 3,168 shares during the quarter. Pointe Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $813,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AGG. State of Michigan Retirement System acquired a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter worth approximately $498,454,000. Envestnet Asset Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after purchasing an additional 4,641,016 shares in the last quarter. US Bancorp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 9.3% during the 1st quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $3,104,615,000 after purchasing an additional 2,691,016 shares in the last quarter. Raymond James & Associates boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after buying an additional 2,640,524 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after buying an additional 2,455,461 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2 %

Shares of NYSEARCA:AGG traded down $0.20 during trading on Friday, reaching $98.59. 9,028,548 shares of the company traded hands, compared to its average volume of 7,971,382. The firm has a fifty day simple moving average of $100.52 and a 200 day simple moving average of $98.41. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $92.11 and a 1-year high of $102.04.

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.