Tiemann Investment Advisors LLC Has $18.59 Million Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Tiemann Investment Advisors LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.0% in the second quarter, HoldingsChannel.com reports. The firm owned 187,409 shares of the company’s stock after buying an additional 13,882 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 7.6% of Tiemann Investment Advisors LLC’s investment portfolio, making the stock its biggest holding. Tiemann Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $18,591,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of AGG. Briaud Financial Planning Inc acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at about $25,000. MTM Investment Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter valued at approximately $37,000. AlphaCore Capital LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter worth approximately $40,000. Atlas Capital Advisors Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 66.7% in the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after buying an additional 200 shares during the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at $56,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $100.16 on Tuesday. The company has a market capitalization of $134.79 billion, a PE ratio of 124.57 and a beta of 0.25. The stock has a fifty day moving average of $100.41 and a 200-day moving average of $99.07. 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.