iShares Core U.S. Aggregate Bond ETF $AGG is Chesapeake Wealth Management’s Largest Position

Chesapeake Wealth Management increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 202,075 shares of the company’s stock after purchasing an additional 8,124 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 5.6% of Chesapeake Wealth Management’s holdings, making the stock its largest holding. Chesapeake Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $20,001,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares during the last quarter. Northern Trust Corp raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 25.1% in the 4th quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock valued at $2,068,108,000 after purchasing an additional 4,148,106 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares in the last quarter. Finally, Valpey Financial Services LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9,942.1% in the 4th quarter. Valpey Financial Services LLC now owns 2,872,830 shares of the company’s stock worth $286,938,000 after purchasing an additional 2,844,222 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.7%

NYSEARCA:AGG opened at $96.77 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.75 and a twelve month high of $101.46. The company has a market cap of $136.55 billion, a PE ratio of 124.57 and a beta of 0.25. The company’s 50 day moving average is $97.89 and its two-hundred day moving average is $98.83.

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.