Red Cedar Investment Management LLC raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 16.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 288,912 shares of the company’s stock after buying an additional 41,237 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 2.6% of Red Cedar Investment Management LLC’s investment portfolio, making the stock its 6th biggest position. Red Cedar Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,314,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in AGG. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth approximately $27,000. Asset Dedication LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $27,000. Main Street Group LTD acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth approximately $30,000. JCIC Asset Management Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $30,000. Finally, John Boyer Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $33,000. 83.63% of the stock is owned by institutional investors.
iShares Core U.S. Aggregate Bond ETF Price Performance
NYSEARCA AGG opened at $96.58 on Tuesday. The firm has a market cap of $139.20 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.83 and a one year high of $101.46. The stock’s 50 day simple moving average is $95.69 and its 200 day simple moving average is $98.15.
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.
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