Red Tortoise LLC Increases Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Red Tortoise LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,861 shares of the company’s stock after buying an additional 580 shares during the period. Red Tortoise LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,077,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGG. Brighton Jones LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after acquiring an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 50.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after acquiring an additional 3,044 shares in the last quarter. GAMMA Investing LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $842,000. Radnor Capital Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at approximately $347,000. Finally, WealthNavi Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.7% during the first quarter. WealthNavi Inc. now owns 10,341,692 shares of the company’s stock worth $1,023,000,000 after purchasing an additional 271,055 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 Trading Down 0.1%

Shares of AGG stock opened at $100.18 on Monday. The firm has a fifty day simple moving average of $99.62 and a 200-day simple moving average of $98.61. The company has a market capitalization of $132.01 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.02.

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.