Dala Group LLC Invests $846,000 in iShares Core U.S. Aggregate Bond ETF $AGG

Dala Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 8,522 shares of the company’s stock, valued at approximately $846,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 0.7% of Dala Group LLC’s investment portfolio, making the stock its 29th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of AGG. Valley National Advisers Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Cresta Advisors Ltd. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. Blueline Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. First Command Advisory Services Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

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

NYSEARCA:AGG opened at $97.37 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.24 and a 1-year high of $101.46. The firm has a fifty day simple moving average of $98.40 and a 200 day simple moving average of $99.24. The stock has a market capitalization of $137.40 billion, a PE 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.