iShares Core U.S. Aggregate Bond ETF $AGG Position Boosted by Verus Wealth Management LLC

Verus Wealth Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 134.2% during the 2nd quarter, Holdings Channel reports. The fund owned 8,253 shares of the company’s stock after acquiring an additional 4,729 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 0.8% of Verus Wealth Management LLC’s portfolio, making the stock its 28th largest holding. Verus Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in AGG. Brighton Jones LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after purchasing an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after buying an additional 3,044 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth about $842,000. Curat Global LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth approximately $133,000. Finally, Magnus Financial Group LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 45.3% in the first quarter. Magnus Financial Group LLC now owns 3,943 shares of the company’s stock valued at $390,000 after acquiring an additional 1,229 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.18 on Friday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.02. The firm has a market capitalization of $132.01 billion, a PE ratio of 124.57 and a beta of 0.12. The company’s 50 day simple moving average is $99.62 and its 200 day simple moving average is $98.62.

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.