Carnegie Investment Counsel Buys 823 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Carnegie Investment Counsel increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.2% during the 2nd quarter, Holdings Channel reports. The firm owned 7,042 shares of the company’s stock after purchasing an additional 823 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $699,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Alamar Capital Management LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 10.4% in the second quarter. Alamar Capital Management LLC now owns 62,242 shares of the company’s stock worth $6,174,000 after purchasing an additional 5,848 shares during the last quarter. Prentice Wealth Management LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 31.7% in the second quarter. Prentice Wealth Management LLC now owns 497,468 shares of the company’s stock worth $49,349,000 after purchasing an additional 119,790 shares during the last quarter. FSM Wealth Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 15.9% in the second quarter. FSM Wealth Advisors LLC now owns 2,824 shares of the company’s stock worth $277,000 after purchasing an additional 388 shares during the last quarter. Hoge Financial Services LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth approximately $826,000. Finally, Roman Butler Fullerton & Co. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth approximately $251,000. 83.63% of the stock is currently owned by institutional investors.

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

AGG stock opened at $101.14 on Friday. The company’s 50 day moving average is $100.14 and its 200 day moving average is $98.84. The stock has a market cap of $135.75 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35.

iShares Core U.S. Aggregate Bond ETF Company 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.