iShares Core U.S. Aggregate Bond ETF $AGG Position Raised by Summit Global Investments

Summit Global Investments lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 605,293 shares of the company’s stock after purchasing an additional 8,590 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 3.5% of Summit Global Investments’ portfolio, making the stock its 6th largest position. Summit Global Investments’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $60,681,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Angeles Investment Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $26,000. North Ridge Wealth Advisors Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $29,000. JCIC Asset Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $32,000. Evolution Wealth Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $40,000. Finally, one8zero8 LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 4,000.0% during the third quarter. one8zero8 LLC now owns 410 shares of the company’s stock worth $41,000 after purchasing an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.15 on Friday. The company has a fifty day simple moving average of $100.13 and a 200-day simple moving average of $99.91. The stock has a market cap of $138.29 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.35.

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.