King Luther Capital Management Corp Grows Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

King Luther Capital Management Corp grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 70,510 shares of the company’s stock after acquiring an additional 4,421 shares during the period. King Luther Capital Management Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,998,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. First Pacific Financial acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. Cetera Trust Company N.A acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $28,000. Arlington Trust Co LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $33,000. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $35,000. Finally, Keener Financial Planning LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $35,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock traded down $0.32 on Thursday, hitting $96.42. 1,239,611 shares of the stock traded hands, compared to its average volume of 8,759,362. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $91.58 and a 1-year high of $99.70. The company’s fifty day moving average is $96.47 and its 200 day moving average is $97.10.

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.