McLean Asset Management Corp Buys 17,990 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

McLean Asset Management Corp boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 96.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,568 shares of the company’s stock after acquiring an additional 17,990 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 0.6% of McLean Asset Management Corp’s portfolio, making the stock its 27th largest position. McLean Asset Management Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. Blueline Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $25,000. Cresta Advisors Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. Valley National Advisers Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. First Command Advisory Services Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after buying an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $29,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $99.34 on Monday. The stock has a market capitalization of $135.73 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The firm’s 50-day moving average price is $98.85 and its two-hundred day moving average price is $99.57. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.51 and a 1-year high of $101.46.

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.