MV Capital Management Inc. Makes New Investment in iShares Core U.S. Aggregate Bond ETF $AGG

MV Capital Management Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 251,485 shares of the company’s stock, valued at approximately $25,118,000. iShares Core U.S. Aggregate Bond ETF makes up 2.4% of MV Capital Management Inc.’s holdings, making the stock its 8th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of AGG. Continental Investors Services Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the 4th quarter. Continental Investors Services Inc. now owns 46,621 shares of the company’s stock worth $4,740,000 after acquiring an additional 4,924 shares during the period. Sunbelt Securities Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 27.8% during the 4th quarter. Sunbelt Securities Inc. now owns 9,012 shares of the company’s stock valued at $900,000 after acquiring an additional 1,960 shares during the last quarter. Capstone Wealth Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $2,542,000. Wick Capital Partners LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $1,030,000. Finally, Compound Planning Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 0.9% during the fourth quarter. Compound Planning Inc. now owns 271,627 shares of the company’s stock worth $27,130,000 after purchasing an additional 2,524 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

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

iShares Core U.S. Aggregate Bond ETF stock opened at $98.90 on Friday. The company has a 50-day moving average price of $98.91 and a 200 day moving average price of $99.62. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.51 and a 12-month high of $101.46. The stock has a market cap of $135.13 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.