iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is MV Capital Management Inc.’s 7th Largest Position

MV Capital Management Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 267,241 shares of the company’s stock after purchasing an additional 4,096 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 2.8% of MV Capital Management Inc.’s investment portfolio, making the stock its 7th largest holding. MV Capital Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $25,896,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $33,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.6 %

Shares of AGG opened at $98.73 on Friday. The firm has a market cap of $125.39 billion, a P/E ratio of 125.34 and a beta of 0.22. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month high of $102.04. The stock’s 50 day moving average is $98.00 and its two-hundred day moving average is $98.45.

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.