Chesapeake Wealth Management Raises Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Chesapeake Wealth Management lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 155,352 shares of the company’s stock after buying an additional 9,775 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 5.2% of Chesapeake Wealth Management’s investment portfolio, making the stock its largest holding. Chesapeake Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $15,054,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Pure Financial Advisors LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 38.7% during the 4th quarter. Pure Financial Advisors LLC now owns 223,935 shares of the company’s stock valued at $21,699,000 after purchasing an additional 62,516 shares during the last quarter. Regent Peak Wealth Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $304,000. Abacus Wealth Partners LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $329,000. Leonard Rickey Investment Advisors P.L.L.C. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.1% during the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 6,556 shares of the company’s stock valued at $635,000 after purchasing an additional 377 shares during the last quarter. Finally, HBC Financial Services PLLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 7.9% during the 4th quarter. HBC Financial Services PLLC now owns 133,863 shares of the company’s stock valued at $12,971,000 after buying an additional 9,751 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $96.92 on Tuesday. The firm has a fifty day simple moving average of $97.58 and a two-hundred day simple moving average of $98.92. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04.

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.