iShares Core U.S. Aggregate Bond ETF $AGG Shares Bought by Summit Asset Management LLC

Summit Asset Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 87,231 shares of the company’s stock after buying an additional 1,100 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 1.4% of Summit Asset Management LLC’s holdings, making the stock its 20th largest position. Summit Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,653,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of AGG. Briaud Financial Planning Inc acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth approximately $25,000. MTM Investment Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth $37,000. AlphaCore Capital LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth $40,000. Atlas Capital Advisors Inc. lifted its stake 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 buying an additional 200 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth $56,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.20 on Friday. The stock’s fifty day moving average price is $100.39 and its 200 day moving average price is $99.05. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $101.35. The company has a market cap of $134.84 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.