Pointe Capital Management LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Pointe Capital Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,909 shares of the company’s stock, valued at approximately $884,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Long Run Wealth Advisors LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.5% in the 4th quarter. Long Run Wealth Advisors LLC now owns 20,150 shares of the company’s stock worth $2,000,000 after buying an additional 105 shares during the period. Carmichael Hill & Associates Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 6.6% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 1,697 shares of the company’s stock worth $168,000 after purchasing an additional 105 shares during the period. Brickley Wealth Management increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the third quarter. Brickley Wealth Management now owns 2,623 shares of the company’s stock valued at $247,000 after purchasing an additional 110 shares in the last quarter. O Connor Financial Group LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the fourth quarter. O Connor Financial Group LLC now owns 2,676 shares of the company’s stock valued at $266,000 after purchasing an additional 112 shares during the last quarter. Finally, RKL Wealth Management LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.3% in the 3rd quarter. RKL Wealth Management LLC now owns 45,871 shares of the company’s stock worth $4,314,000 after purchasing an additional 116 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.5 %

AGG stock traded up $0.49 on Friday, reaching $96.19. 9,146,714 shares of the company traded hands, compared to its average volume of 10,411,634. The firm has a fifty day simple moving average of $96.75 and a 200-day simple moving average of $96.70. iShares Core U.S. Aggregate Bond ETF has a one year low of $91.58 and a one year high of $100.42.

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.