Core Wealth Management Inc. Invests $9.50 Million in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Core Wealth Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, HoldingsChannel reports. The fund purchased 95,694 shares of the company’s stock, valued at approximately $9,498,000. iShares Core U.S. Aggregate Bond ETF accounts for 4.5% of Core Wealth Management Inc.’s holdings, making the stock its 4th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Long Run Wealth Advisors LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 0.5% in the fourth quarter. Long Run Wealth Advisors LLC now owns 20,150 shares of the company’s stock worth $2,000,000 after buying an additional 105 shares in the last quarter. Carmichael Hill & Associates Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.6% during the fourth quarter. Carmichael Hill & Associates Inc. now owns 1,697 shares of the company’s stock valued at $168,000 after purchasing an additional 105 shares in the last quarter. Brickley Wealth Management increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the third quarter. Brickley Wealth Management now owns 2,623 shares of the company’s stock valued at $247,000 after purchasing an additional 110 shares in the last quarter. O Connor Financial Group LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the fourth quarter. O Connor Financial Group LLC now owns 2,676 shares of the company’s stock valued at $266,000 after purchasing an additional 112 shares in the last quarter. Finally, RKL Wealth Management LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.3% during the third quarter. RKL Wealth Management LLC now owns 45,871 shares of the company’s stock valued at $4,314,000 after purchasing an additional 116 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG traded up $0.21 on Friday, reaching $95.33. 8,442,514 shares of the company’s stock traded hands, compared to its average volume of 9,904,551. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $100.42. The business’s 50 day simple moving average is $96.89 and its two-hundred day simple moving average is $96.65.

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.