American Financial Advisors LLC Buys New Shares in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

American Financial Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,860 shares of the company’s stock, valued at approximately $284,000.

Other hedge funds also recently added to or reduced their stakes in the company. First Pacific Financial purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $25,000. Parkside Financial Bank & Trust boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 191.1% in the second quarter. Parkside Financial Bank & Trust now owns 294 shares of the company’s stock valued at $29,000 after purchasing an additional 193 shares during the last quarter. Arlington Trust Co LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $33,000. Kozak & Associates Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $35,000. Finally, Keener Financial Planning LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $35,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

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

Shares of AGG stock traded up $0.11 during mid-day trading on Friday, hitting $95.39. 9,121,593 shares of the stock were exchanged, compared to its average volume of 9,307,015. The firm has a fifty day moving average of $97.12 and a 200 day moving average of $96.53. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 and a 52-week high of $100.42.

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.