Aries Wealth Management Increases Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Aries Wealth Management increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,448 shares of the company’s stock after buying an additional 200 shares during the period. Aries Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $432,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in AGG. Forbes Financial Planning Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 3.4% in the second quarter. Forbes Financial Planning Inc. now owns 75,524 shares of the company’s stock valued at $7,331,000 after acquiring an additional 2,505 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 9,245 shares of the company’s stock worth $897,000 after purchasing an additional 349 shares during the period. Shelter Ins Retirement Plan purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $5,597,000. Tanager Wealth Management LLP lifted its stake in iShares Core U.S. Aggregate Bond ETF by 7.9% in the second quarter. Tanager Wealth Management LLP now owns 147,392 shares of the company’s stock valued at $14,307,000 after purchasing an additional 10,820 shares during the last quarter. Finally, RPS Advisory Solutions LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter worth $555,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG traded up $0.46 during mid-day trading on Friday, hitting $100.77. The stock had a trading volume of 6,179,548 shares, compared to its average volume of 8,045,851. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $100.90. The business has a fifty day moving average price of $98.56 and a 200-day moving average price of $97.43.

iShares Core U.S. Aggregate Bond ETF Company 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.