Cahaba Wealth Management Inc. Acquires 49,170 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cahaba Wealth Management Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,469,626 shares of the company’s stock after buying an additional 49,170 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 12.3% of Cahaba Wealth Management Inc.’s holdings, making the stock its 2nd largest holding. Cahaba Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $148,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in AGG. Oliver Lagore Vanvalin Investment Group grew its stake in iShares Core U.S. Aggregate Bond ETF by 162.9% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock valued at $25,000 after purchasing an additional 158 shares during the last quarter. Lynx Investment Advisory purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $28,000. ST Germain D J Co. Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 1,020.0% during the 3rd quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock valued at $28,000 after purchasing an additional 255 shares during the last quarter. Atlas Capital Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $29,000. Finally, Wagner Wealth Management LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 30,500.0% during the 3rd quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock valued at $31,000 after purchasing an additional 305 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.1 %

iShares Core U.S. Aggregate Bond ETF stock traded up $0.07 during trading hours on Friday, hitting $99.52. 4,973,029 shares of the stock traded hands, compared to its average volume of 7,898,761. The firm’s 50 day moving average price is $100.65 and its 200-day moving average price is $98.34. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $91.58 and a 1 year high of $102.04.

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.