Arbor Investment Advisors LLC Purchases 4,075 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Arbor Investment Advisors LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 399,132 shares of the company’s stock after acquiring an additional 4,075 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 5.1% of Arbor Investment Advisors LLC’s holdings, making the stock its 6th largest holding. Arbor Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,594,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after purchasing an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after acquiring an additional 3,044 shares during the last quarter. Appleton Partners Inc. MA acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $206,000. Woodmont Investment Counsel LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth about $200,000. Finally, Bright Futures Wealth Management LLC. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter worth approximately $200,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

NYSEARCA:AGG opened at $100.96 on Monday. The firm has a market capitalization of $134.25 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $101.11. The firm’s fifty day simple moving average is $99.93 and its 200 day simple moving average is $98.74.

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.