Single Point Partners LLC Raises Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Single Point Partners LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 414,026 shares of the company’s stock after acquiring an additional 8,574 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 7.9% of Single Point Partners LLC’s portfolio, making the stock its 4th biggest position. Single Point Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,682,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Fortis Capital Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 64.0% during the 2nd quarter. Fortis Capital Advisors LLC now owns 38,268 shares of the company’s stock valued at $3,796,000 after purchasing an additional 14,927 shares during the last quarter. Ascent Group LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.3% during the 2nd quarter. Ascent Group LLC now owns 411,008 shares of the company’s stock valued at $40,772,000 after purchasing an additional 35,040 shares during the last quarter. New Century Financial Group LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 240.9% in the 2nd quarter. New Century Financial Group LLC now owns 17,271 shares of the company’s stock worth $1,713,000 after acquiring an additional 12,205 shares in the last quarter. HighMark Wealth Management LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 53,305.9% in the 2nd quarter. HighMark Wealth Management LLC now owns 9,079 shares of the company’s stock worth $901,000 after acquiring an additional 9,062 shares in the last quarter. Finally, Gray Private Wealth LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 6.1% in the 2nd quarter. Gray Private Wealth LLC now owns 4,343 shares of the company’s stock worth $431,000 after acquiring an additional 250 shares in the last quarter. 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 $100.18 on Friday. The company has a market capitalization of $132.01 billion, a P/E ratio of 124.57 and a beta of 0.12. The company’s 50-day simple moving average is $99.62 and its two-hundred day simple moving average is $98.62. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.02.

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.