Cornerstone Wealth Group LLC Buys 117,681 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cornerstone Wealth Group LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 22.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 645,733 shares of the company’s stock after acquiring an additional 117,681 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 5.4% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 3rd biggest holding. Cornerstone Wealth Group LLC owned 0.05% of iShares Core U.S. Aggregate Bond ETF worth $65,393,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Private Advisor Group LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 3.1% during the first quarter. Private Advisor Group LLC now owns 428,903 shares of the company’s stock worth $42,007,000 after purchasing an additional 12,814 shares during the period. Diversify Advisory Services LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $1,091,000. Lineweaver Wealth Advisors LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 3.5% during the 1st quarter. Lineweaver Wealth Advisors LLC now owns 70,394 shares of the company’s stock worth $6,896,000 after buying an additional 2,399 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 6.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,220,916 shares of the company’s stock worth $217,517,000 after buying an additional 140,152 shares in the last quarter. Finally, Mission Wealth Management LP lifted its position in iShares Core U.S. Aggregate Bond ETF by 132.8% during the 1st quarter. Mission Wealth Management LP now owns 64,054 shares of the company’s stock worth $6,273,000 after buying an additional 36,538 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1 %

Shares of AGG opened at $98.44 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $92.23 and a 52 week high of $102.04. The firm’s 50-day simple moving average is $100.40 and its 200 day simple moving average is $98.47.

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.