Apollon Wealth Management LLC Increases Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Apollon Wealth Management LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 200.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 601,340 shares of the company’s stock after acquiring an additional 400,877 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 2.1% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Apollon Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $59,683,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of AGG. Envestnet Portfolio Solutions Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $1,416,230,000. Charles Schwab Investment Management Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 120.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock valued at $1,706,332,000 after purchasing an additional 9,923,920 shares in the last quarter. TIAA Trust National Association bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $657,826,000. United Services Automobile Association lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 127.4% during the 3rd quarter. United Services Automobile Association now owns 7,073,294 shares of the company’s stock worth $665,173,000 after purchasing an additional 3,962,762 shares in the last quarter. Finally, P E Global LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 77.2% in the 4th quarter. P E Global LLC now owns 6,745,576 shares of the company’s stock worth $669,498,000 after purchasing an additional 2,937,853 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

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

Shares of AGG traded up $0.18 during midday trading on Tuesday, hitting $96.44. 7,686,996 shares of the company traded hands, compared to its average volume of 9,256,677. iShares Core U.S. Aggregate Bond ETF has a one year low of $91.58 and a one year high of $100.19. The stock has a 50-day moving average of $96.73 and a 200-day moving average of $96.79.

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.