MAI Capital Management Purchases 27,879 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

MAI Capital Management boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 353,400 shares of the company’s stock after purchasing an additional 27,879 shares during the period. MAI Capital Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $35,057,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AGG. Briaud Financial Planning Inc acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $25,000. Angeles Investment Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at about $26,000. AlphaCore Capital LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth about $40,000. Atlas Capital Advisors Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% in 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 last quarter. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth about $56,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $100.20 on Friday. The business’s 50-day simple moving average is $100.44 and its 200-day simple moving average is $99.15. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.35. The firm has a market cap of $134.84 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF Company 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.