Bleakley Financial Group LLC Makes New Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Bleakley Financial Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 18,312 shares of the company’s stock, valued at approximately $1,817,000.

Other hedge funds have also added to or reduced their stakes in the company. Briaud Financial Planning Inc bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $25,000. MTM Investment Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $37,000. AlphaCore Capital LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $40,000. Atlas Capital Advisors Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after acquiring an additional 200 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth about $56,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $101.14 on Friday. The company has a market capitalization of $135.75 billion, a P/E ratio of 124.57 and a beta of 0.12. The company’s 50-day simple moving average is $100.14 and its two-hundred day simple moving average is $98.83. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35.

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.