iShares Core U.S. Aggregate Bond ETF $AGG Stock: Red Cedar Investment Management LLC Raises Holdings

Red Cedar Investment Management LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 288,912 shares of the company’s stock after acquiring an additional 41,237 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.6% of Red Cedar Investment Management LLC’s holdings, making the stock its 6th biggest holding. Red Cedar Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,314,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $8,772,000. Chicago Partners Investment Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $8,636,000. Basso Capital Management L.P. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $1,009,000. Iowa State Bank acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $1,636,000. Finally, Ironwood Wealth Management LLC. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $3,964,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.0%

AGG stock opened at $96.58 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $93.83 and a twelve month high of $101.46. The company has a market cap of $139.20 billion, a P/E ratio of 124.57 and a beta of 0.26. The business has a fifty day moving average of $95.69 and a 200-day moving average of $98.15.

iShares Core U.S. Aggregate Bond ETF Company 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.