Cypress Capital Group Buys 8,843 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Cypress Capital Group grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 32.9% during the 1st quarter, HoldingsChannel reports. The firm owned 35,741 shares of the company’s stock after acquiring an additional 8,843 shares during the quarter. Cypress Capital Group’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,548,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of AGG. Vawter Financial Ltd. raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.1% during the first quarter. Vawter Financial Ltd. now owns 17,823 shares of the company’s stock worth $1,769,000 after acquiring an additional 190 shares in the last quarter. Matrix Private Capital Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at $173,000. Asset Management Group Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.5% in the 1st quarter. Asset Management Group Inc. now owns 25,418 shares of the company’s stock valued at $2,523,000 after purchasing an additional 122 shares in the last quarter. Hilltop Holdings Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 66.3% in the 1st quarter. Hilltop Holdings Inc. now owns 27,657 shares of the company’s stock valued at $2,746,000 after purchasing an additional 11,024 shares in the last quarter. Finally, GC Wealth Management RIA LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $238,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $97.46 on Friday. The firm’s 50-day simple moving average is $98.45 and its 200-day simple moving average is $99.32. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.27 and a twelve month high of $101.46. The firm has a market cap of $137.58 billion, a price-to-earnings 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.