Miracle Mile Advisors LLC Has $48.69 Million Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Miracle Mile Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 35.3% in the third quarter, HoldingsChannel reports. The fund owned 485,689 shares of the company’s stock after buying an additional 126,788 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $48,690,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Chemistry Wealth Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $233,000. Allspring Global Investments Holdings LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 34.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,121,553 shares of the company’s stock valued at $112,436,000 after buying an additional 290,122 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% in the third quarter. Merit Financial Group LLC now owns 100,283 shares of the company’s stock valued at $10,053,000 after buying an additional 13,805 shares during the period. TBH Global Asset Management LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $9,502,000. Finally, Calamos Wealth Management LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 6.6% during the third quarter. Calamos Wealth Management LLC now owns 147,983 shares of the company’s stock worth $14,835,000 after buying an additional 9,119 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $99.88 on Thursday. The firm has a market cap of $134.41 billion, a PE ratio of 124.57 and a beta of 0.25. The stock’s fifty day moving average price is $100.28 and its two-hundred day moving average price is $99.68. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35.

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.