Motive Wealth Advisors Boosts Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Motive Wealth Advisors increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 126.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,864 shares of the company’s stock after acquiring an additional 45,671 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 4.9% of Motive Wealth Advisors’ portfolio, making the stock its 7th largest position. Motive Wealth Advisors’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,018,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. First Pacific Financial acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. First Community Trust NA bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at $25,000. Vima LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $27,000. Cetera Trust Company N.A bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $28,000. Finally, Atlas Capital Advisors LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at about $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.3 %

Shares of AGG traded up $0.27 on Friday, reaching $98.39. The company’s stock had a trading volume of 6,328,989 shares, compared to its average volume of 8,107,017. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $99.70. The firm has a fifty day moving average of $97.05 and a 200-day moving average of $97.30.

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.