Summit Financial Strategies Inc. Increases Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Summit Financial Strategies Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,185 shares of the company’s stock after acquiring an additional 123 shares during the period. Summit Financial Strategies Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $599,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Arizona PSPRS Trust bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $822,973,000. United Services Automobile Association boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 105.8% in the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after acquiring an additional 4,694,299 shares in the last quarter. US Bancorp DE increased its position 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 valued at $3,697,061,000 after purchasing an additional 3,717,053 shares during the period. International Assets Investment Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the 3rd quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock worth $244,418,000 after purchasing an additional 2,393,623 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.5% in the 3rd quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock worth $7,196,768,000 after purchasing an additional 2,376,267 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

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

Shares of NYSEARCA AGG opened at $97.01 on Monday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The company’s 50-day moving average is $97.50 and its 200 day moving average is $98.90.

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.