Flagstar Advisors Inc. Purchases 13,604 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Flagstar Advisors Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 14.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 106,222 shares of the company’s stock after buying an additional 13,604 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 2.6% of Flagstar Advisors Inc.’s portfolio, making the stock its 6th largest position. Flagstar Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,293,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AGG. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $33,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $35,000. Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $43,000. Finally, Bank of New Hampshire grew its stake in iShares Core U.S. Aggregate Bond ETF by 71.7% in the fourth quarter. Bank of New Hampshire now owns 455 shares of the company’s stock worth $44,000 after purchasing an additional 190 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $97.31 on Wednesday. The business has a 50 day moving average of $97.11 and a two-hundred day moving average of $98.78. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week 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.