Sandy Cove Advisors LLC Boosts Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Sandy Cove Advisors LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,434 shares of the company’s stock after buying an additional 7,566 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 4.1% of Sandy Cove Advisors LLC’s investment portfolio, making the stock its 6th largest position. Sandy Cove Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,857,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock worth $8,395,146,000 after purchasing an additional 2,551,739 shares in the last quarter. Raymond James & Associates increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% in the fourth quarter. Raymond James & Associates now owns 63,061,225 shares of the company’s stock valued at $6,258,826,000 after buying an additional 1,072,797 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 40,781,811 shares of the company’s stock valued at $4,047,595,000 after acquiring an additional 2,209,020 shares during the last quarter. US Bancorp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the 4th quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock worth $2,879,058,000 after acquiring an additional 3,071,624 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% in the 3rd quarter. Morgan Stanley now owns 25,070,989 shares of the company’s stock worth $2,357,676,000 after acquiring an additional 440,988 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.5 %

Shares of NYSEARCA AGG traded down $0.48 during mid-day trading on Friday, hitting $97.07. 12,781,548 shares of the company traded hands, compared to its average volume of 5,640,711. The business has a 50 day moving average of $96.67 and a two-hundred day moving average of $97.38. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $91.58 and a 1 year high of $99.70.

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.