Financial Strategies Group Inc. Purchases 7,772 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Financial Strategies Group Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 53.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 22,295 shares of the company’s stock after acquiring an additional 7,772 shares during the quarter. Financial Strategies Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,161,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AGG. First Pacific Financial purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. First Community Trust NA purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at $25,000. Vima LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $27,000. Cetera Trust Company N.A purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $28,000. Finally, Atlas Capital Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter valued at about $29,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock traded up $0.31 during trading on Tuesday, reaching $96.56. 3,109,785 shares of the company traded hands, compared to its average volume of 8,284,877. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $99.70. The business has a 50 day simple moving average of $96.67 and a 200 day simple moving average of $97.37.

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.