Valeo Financial Advisors LLC Buys 6,575 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Valeo Financial Advisors LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.8% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 45,632 shares of the company’s stock after buying an additional 6,575 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,469,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 9,850,642 shares of the company’s stock valued at $935,256,000 after purchasing an additional 675,150 shares during the period. Alerus Financial NA grew its position in iShares Core U.S. Aggregate Bond ETF by 6.7% during the 3rd quarter. Alerus Financial NA now owns 743,125 shares of the company’s stock worth $69,883,000 after acquiring an additional 46,953 shares during the last quarter. Lowe Brockenbrough & Co. Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 40.0% in the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 57,366 shares of the company’s stock worth $5,395,000 after purchasing an additional 16,400 shares in the last quarter. Lake Street Advisors Group LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 2.1% in the third quarter. Lake Street Advisors Group LLC now owns 45,357 shares of the company’s stock valued at $4,265,000 after purchasing an additional 914 shares during the last quarter. Finally, KPP Advisory Services LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $684,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG traded up $0.52 during midday trading on Wednesday, hitting $97.09. 4,060,541 shares of the stock were exchanged, compared to its average volume of 8,271,100. The business’s 50-day moving average price is $96.71 and its 200 day moving average price is $97.34. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $99.70.

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.