Fagan Associates Inc. Boosts Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Fagan Associates Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 29.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 136,597 shares of the company’s stock after buying an additional 31,273 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 2.1% of Fagan Associates Inc.’s investment portfolio, making the stock its 10th largest holding. Fagan Associates Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $13,236,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Flagstar Advisors Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 14.7% in the 4th quarter. Flagstar Advisors Inc. now owns 106,222 shares of the company’s stock worth $10,293,000 after buying an additional 13,604 shares during the period. Werba Rubin Papier Wealth Management lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 2.2% in the 4th quarter. Werba Rubin Papier Wealth Management now owns 12,260 shares of the company’s stock worth $1,188,000 after buying an additional 268 shares during the period. Joel Adams & Associates Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $14,578,000. Global Retirement Partners LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% in the 4th quarter. Global Retirement Partners LLC now owns 418,011 shares of the company’s stock valued at $40,505,000 after purchasing an additional 10,169 shares during the period. Finally, Destiny Capital Corp CO lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.1% in the 4th quarter. Destiny Capital Corp CO now owns 98,264 shares of the company’s stock valued at $9,522,000 after purchasing an additional 1,075 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.4 %

Shares of NYSEARCA:AGG opened at $97.31 on Wednesday. The stock has a fifty day simple moving average of $97.11 and a two-hundred day simple moving average of $98.78. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04.

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.