Ellis Investment Partners LLC Raises Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Ellis Investment Partners LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,410 shares of the company’s stock after buying an additional 667 shares during the period. Ellis Investment Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,155,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AGG. Oliver Lagore Vanvalin Investment Group increased its stake in iShares Core U.S. Aggregate Bond ETF by 162.9% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock worth $25,000 after acquiring an additional 158 shares during the last quarter. Lynx Investment Advisory acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth about $28,000. ST Germain D J Co. Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1,020.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock valued at $28,000 after buying an additional 255 shares during the period. Wagner Wealth Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 30,500.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock valued at $31,000 after buying an additional 305 shares during the period. Finally, LRI Investments LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at about $33,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG traded down $0.20 during trading on Friday, reaching $98.59. 9,028,548 shares of the company traded hands, compared to its average volume of 7,971,382. The stock has a 50-day simple moving average of $100.52 and a 200-day simple moving average of $98.41. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $92.11 and a twelve month high of $102.04.

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.