Tectonic Advisors LLC Grows Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Tectonic Advisors LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.4% during the second quarter, Holdings Channel reports. The institutional investor owned 350,499 shares of the company’s stock after acquiring an additional 4,887 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 2.0% of Tectonic Advisors LLC’s holdings, making the stock its 9th largest position. Tectonic Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $34,770,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Columbus Macro LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 27.1% in the 2nd quarter. Columbus Macro LLC now owns 90,745 shares of the company’s stock worth $9,002,000 after purchasing an additional 19,343 shares during the last quarter. Vontobel Holding Ltd. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.9% in the 2nd quarter. Vontobel Holding Ltd. now owns 4,805 shares of the company’s stock worth $477,000 after purchasing an additional 310 shares during the last quarter. Peak Financial Management Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% in the 2nd quarter. Peak Financial Management Inc. now owns 112,719 shares of the company’s stock worth $11,182,000 after purchasing an additional 1,890 shares during the last quarter. Optas LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% in the 2nd quarter. Optas LLC now owns 43,303 shares of the company’s stock worth $4,296,000 after purchasing an additional 431 shares during the last quarter. Finally, Eagle Strategies LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.4% in the 2nd quarter. Eagle Strategies LLC now owns 104,053 shares of the company’s stock worth $10,322,000 after purchasing an additional 2,443 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $100.14 on Thursday. The firm’s 50 day moving average is $99.71 and its 200-day moving average is $98.64. The stock has a market capitalization of $132.14 billion, a P/E ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.02.

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.