Exchange Capital Management Inc. Purchases 2,670 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Exchange Capital Management Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,910 shares of the company’s stock after purchasing an additional 2,670 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 1.0% of Exchange Capital Management Inc.’s portfolio, making the stock its 28th biggest holding. Exchange Capital Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,836,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Briaud Financial Planning Inc acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $25,000. MTM Investment Management LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $37,000. AlphaCore Capital LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at $40,000. Godsey & Gibb Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at $46,000. Finally, Atlas Capital Advisors Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% during the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after purchasing an additional 200 shares during the period. 83.63% of the stock is currently owned by institutional investors.

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

NYSEARCA AGG opened at $100.29 on Friday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.02. The company has a market capitalization of $130.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The stock has a fifty day simple moving average of $99.59 and a 200 day simple moving average of $98.61.

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.