50,583 Shares in iShares Core U.S. Aggregate Bond ETF $AGG Purchased by Verus Financial Partners Inc.

Verus Financial Partners Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 50,583 shares of the company’s stock, valued at approximately $4,782,000. iShares Core U.S. Aggregate Bond ETF accounts for about 0.4% of Verus Financial Partners Inc.’s holdings, making the stock its 24th biggest holding.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares during the period. D.A. Davidson & CO. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter worth $548,482,000. Empower Annuity Insurance Co acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $267,968,630,000. Royal Bank of Canada lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 39.2% in the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after acquiring an additional 1,898,484 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 144.7% in the first quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after acquiring an additional 1,882,701 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $96.36 on Friday. The firm has a market capitalization of $139.81 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.83 and a one year high of $101.46. The company’s fifty day moving average is $95.84 and its two-hundred day moving average is $98.26.

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.