Pointe Capital Management LLC Acquires 11,306 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Pointe Capital Management LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 115.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,133 shares of the company’s stock after buying an additional 11,306 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 1.0% of Pointe Capital Management LLC’s portfolio, making the stock its 23rd largest holding. Pointe Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,119,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CIBC Bancorp USA Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $6,999,000. Tcfg Wealth Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 4,495.0% in the 3rd quarter. Tcfg Wealth Management LLC now owns 93,232 shares of the company’s stock worth $88,000 after purchasing an additional 91,203 shares during the period. Oarsman Capital Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 1,531.0% during the third quarter. Oarsman Capital Inc. now owns 682,039 shares of the company’s stock valued at $68,374,000 after purchasing an additional 640,223 shares in the last quarter. Portus Wealth Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $867,000. Finally, First Commonwealth Financial Corp PA bought a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $18,088,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

NYSEARCA AGG opened at $99.80 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.46. The company has a market capitalization of $137.92 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock’s 50-day moving average price is $100.29 and its 200-day moving average price is $100.29.

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.