Pointe Capital Management LLC Makes New $884,000 Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Pointe Capital Management LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,909 shares of the company’s stock, valued at approximately $884,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock valued at $8,395,146,000 after purchasing an additional 2,551,739 shares during the last quarter. Raymond James & Associates grew its position in iShares Core U.S. Aggregate Bond ETF by 1.7% during the fourth quarter. Raymond James & Associates now owns 63,061,225 shares of the company’s stock valued at $6,258,826,000 after buying an additional 1,072,797 shares during the period. US Bancorp DE increased its holdings in iShares Core U.S. Aggregate Bond ETF by 9.9% during the third quarter. US Bancorp DE now owns 25,936,364 shares of the company’s stock worth $2,438,642,000 after buying an additional 2,346,840 shares during the last quarter. Morgan Stanley raised its position in iShares Core U.S. Aggregate Bond ETF by 1.8% in the third quarter. Morgan Stanley now owns 25,070,989 shares of the company’s stock worth $2,357,676,000 after acquiring an additional 440,988 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 120.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock valued at $1,706,332,000 after acquiring an additional 9,923,920 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.5 %

Shares of iShares Core U.S. Aggregate Bond ETF stock traded up $0.49 on Friday, reaching $96.19. 9,146,714 shares of the company traded hands, compared to its average volume of 10,411,634. The company has a 50 day moving average of $96.75 and a 200 day moving average of $96.70. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $100.42.

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.