iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Position Increased by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.0% in the second quarter, HoldingsChannel reports. The firm owned 1,420,456 shares of the company’s stock after purchasing an additional 54,159 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 12.2% of Cahaba Wealth Management Inc.’s portfolio, making the stock its 2nd largest holding. Cahaba Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $137,884,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in AGG. Global Assets Advisory LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 12,066.6% during the 1st quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after acquiring an additional 5,813,688 shares in the last quarter. State of Michigan Retirement System acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $498,454,000. US Bancorp DE increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in the 4th quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock valued at $2,879,058,000 after acquiring an additional 3,071,624 shares during the last quarter. Raymond James & Associates raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after acquiring an additional 2,640,524 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 16.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after purchasing an additional 2,455,461 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 Up 0.1 %

AGG stock opened at $101.18 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $91.58 and a 1-year high of $101.60. The firm has a fifty day moving average price of $99.16 and a two-hundred day moving average price of $97.66.

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.