Chesapeake Wealth Management Buys 8,441 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Chesapeake Wealth Management lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 193,951 shares of the company’s stock after purchasing an additional 8,441 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 5.9% of Chesapeake Wealth Management’s portfolio, making the stock its largest holding. Chesapeake Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $19,254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of AGG. Valley National Advisers Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. Cresta Advisors Ltd. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Blueline Advisors LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. First Command Advisory Services Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares during the period. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $29,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.55 on Thursday. The stock has a 50-day moving average of $98.44 and a two-hundred day moving average of $99.27. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.27 and a one year high of $101.46. The stock has a market cap of $137.65 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.