1,700,375 Shares in iShares Core U.S. Aggregate Bond ETF $AGG Acquired by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the first quarter, HoldingsChannel.com reports. The firm bought 1,700,375 shares of the company’s stock, valued at approximately $168,796,000. iShares Core U.S. Aggregate Bond ETF makes up about 2.3% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 9th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of AGG. Blueline Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. Valley National Advisers Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. First Command Advisory Services Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the period. Finally, Wiser Advisor Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $29,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

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

NYSEARCA AGG traded down $0.10 on Friday, reaching $98.08. 7,745,404 shares of the stock were exchanged, compared to its average volume of 9,452,830. The firm has a market capitalization of $138.28 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The company’s 50-day simple moving average is $98.65 and its two-hundred day simple moving average is $99.47.

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.