Tiemann Investment Advisors LLC Buys 7,599 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Tiemann Investment Advisors LLC grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 195,008 shares of the company’s stock after purchasing an additional 7,599 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 7.5% of Tiemann Investment Advisors LLC’s investment portfolio, making the stock its biggest position. Tiemann Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $19,550,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AGG. Winthrop Capital Management LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 10.9% in the third quarter. Winthrop Capital Management LLC now owns 40,593 shares of the company’s stock valued at $4,069,000 after acquiring an additional 4,000 shares during the period. Dixon Mitchell Investment Counsel Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.7% in the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 16,497 shares of the company’s stock valued at $1,654,000 after purchasing an additional 893 shares during the period. Bank of Montreal Can boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 9.9% during the third quarter. Bank of Montreal Can now owns 2,634,194 shares of the company’s stock worth $264,078,000 after buying an additional 237,011 shares in the last quarter. Stonehaven Wealth & Tax Solutions LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 5.0% during the third quarter. Stonehaven Wealth & Tax Solutions LLC now owns 81,301 shares of the company’s stock valued at $8,150,000 after buying an additional 3,842 shares during the period. Finally, Evensky & Katz LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 2.7% in the third quarter. Evensky & Katz LLC now owns 133,616 shares of the company’s stock valued at $13,395,000 after buying an additional 3,565 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.3%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.44 on Tuesday. The firm has a market cap of $138.81 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.15 and a twelve month high of $101.46. The business has a 50-day moving average price of $100.33 and a 200 day moving average price of $100.28.

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.