Reston Wealth Management LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Reston Wealth Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,616 shares of the company’s stock, valued at approximately $164,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AGG. State of Michigan Retirement System acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $498,454,000. Envestnet Asset Management Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after purchasing an additional 4,641,016 shares in the last quarter. US Bancorp DE increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% during the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after purchasing an additional 3,717,053 shares in the last quarter. Raymond James & Associates lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 4.0% in the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after purchasing an additional 2,640,524 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after purchasing an additional 2,455,461 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.0 %

Shares of NYSEARCA AGG opened at $98.42 on Friday. The firm has a 50-day simple moving average of $100.36 and a 200-day simple moving average of $98.47. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $92.23 and a 52 week high of $102.04.

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.