Twele Capital Management Inc. Buys 31,490 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Twele Capital Management Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.6% during the third quarter, Holdings Channel.com reports. The fund owned 447,643 shares of the company’s stock after acquiring an additional 31,490 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 8.3% of Twele Capital Management Inc.’s investment portfolio, making the stock its 5th largest position. Twele Capital Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $44,876,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. IFS Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth $3,925,000. CWM LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 3.5% during the third quarter. CWM LLC now owns 681,686 shares of the company’s stock worth $68,339,000 after purchasing an additional 23,246 shares during the period. Granite Bay Wealth Management LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 9.8% during the third quarter. Granite Bay Wealth Management LLC now owns 31,947 shares of the company’s stock worth $3,203,000 after buying an additional 2,845 shares in the last quarter. Independent Wealth Network Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 13.8% in the 3rd quarter. Independent Wealth Network Inc. now owns 7,335 shares of the company’s stock valued at $735,000 after buying an additional 888 shares during the period. Finally, Patriot Investment Management Group Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 2.8% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 197,903 shares of the company’s stock valued at $19,840,000 after buying an additional 5,421 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2%

Shares of NYSEARCA:AGG opened at $100.02 on Friday. The firm has a 50 day moving average of $100.36 and a 200-day moving average of $99.61. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.35. The stock has a market capitalization of $134.60 billion, a PE ratio of 124.57 and a beta of 0.25.

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.