TCP Asset Management LLC Increases Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

TCP Asset Management LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,070 shares of the company’s stock after purchasing an additional 2,183 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.1% of TCP Asset Management LLC’s investment portfolio, making the stock its 17th biggest position. TCP Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,621,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AGG. Aspect Partners LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.5% during the 2nd quarter. Aspect Partners LLC now owns 43,231 shares of the company’s stock valued at $4,289,000 after purchasing an additional 3,405 shares during the last quarter. Alpha Financial Advisors LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 12.3% in the second quarter. Alpha Financial Advisors LLC now owns 13,734 shares of the company’s stock worth $1,362,000 after buying an additional 1,500 shares during the last quarter. Linscomb Wealth Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 0.4% during the first quarter. Linscomb Wealth Inc. now owns 64,000 shares of the company’s stock worth $6,331,000 after buying an additional 244 shares during the period. Catalyst Capital Advisors LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 3.9% during the second quarter. Catalyst Capital Advisors LLC now owns 130,085 shares of the company’s stock valued at $12,904,000 after acquiring an additional 4,916 shares during the last quarter. Finally, 1ST Source Bank increased its position in iShares Core U.S. Aggregate Bond ETF by 1.3% during the second quarter. 1ST Source Bank now owns 49,751 shares of the company’s stock valued at $4,935,000 after acquiring an additional 616 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares Core U.S. Aggregate Bond ETF stock opened at $100.44 on Monday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.35. The firm has a 50-day moving average price of $100.44 and a 200-day moving average price of $99.18. The firm has a market capitalization of $135.16 billion, a PE ratio of 124.57 and a beta of 0.25.

About iShares Core U.S. Aggregate Bond ETF

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.