Summit Financial LLC Buys 17,901 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Summit Financial LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 305,794 shares of the company’s stock after acquiring an additional 17,901 shares during the period. Summit Financial LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $30,543,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Raymond James Financial Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after acquiring an additional 1,911,414 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares Core U.S. Aggregate Bond ETF by 5.5% during the 3rd quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after acquiring an additional 2,423,410 shares in the last quarter. US Bancorp DE lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after acquiring an additional 489,837 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after acquiring an additional 4,942,715 shares in the last quarter. Finally, Betterment LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 6.9% during the 4th quarter. Betterment LLC now owns 26,255,484 shares of the company’s stock valued at $2,622,398,000 after acquiring an additional 1,687,004 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:AGG opened at $98.76 on Friday. The stock’s fifty day simple moving average is $98.94 and its two-hundred day simple moving average is $99.68. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.51 and a 1-year high of $101.46. The stock has a market cap of $134.94 billion, a PE ratio of 124.57 and a beta of 0.25.

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.