Cedar Point Capital Partners LLC Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cedar Point Capital Partners LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,660 shares of the company’s stock, valued at approximately $269,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. State of Michigan Retirement System purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $498,454,000. Envestnet Asset Management Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after purchasing an additional 4,641,016 shares in the last quarter. US Bancorp DE grew its stake in iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after buying an additional 3,717,053 shares during the last quarter. Raymond James & Associates raised its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% in the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after buying an additional 2,640,524 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after acquiring an additional 2,455,461 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4 %

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $97.72 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $93.37 and a 52 week high of $102.04. The company has a 50 day moving average price of $100.30 and a 200 day moving average price of $98.51.

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.