Sand Hill Global Advisors LLC Buys 14,986 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Sand Hill Global Advisors LLC grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 647,256 shares of the company’s stock after buying an additional 14,986 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 2.4% of Sand Hill Global Advisors LLC’s holdings, making the stock its 12th biggest position. Sand Hill Global Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $64,208,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Angeles Investment Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $26,000. Transce3nd LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 84.7% during the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock worth $48,000 after acquiring an additional 222 shares during the last quarter. IMA Advisory Services Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $60,000. Activest Wealth Management raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 252.6% in the second quarter. Activest Wealth Management now owns 617 shares of the company’s stock valued at $61,000 after purchasing an additional 442 shares during the last quarter. Finally, Semmax Financial Advisors Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1,966.7% in the first quarter. Semmax Financial Advisors Inc. now owns 620 shares of the company’s stock worth $61,000 after purchasing an additional 590 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of AGG opened at $100.10 on Thursday. The stock has a market capitalization of $134.70 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.35. The firm has a fifty day simple moving average of $100.46 and a 200 day simple moving average of $99.44.

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.