New Wave Wealth Advisors LLC Takes $2.98 Million Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

New Wave Wealth Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 30,711 shares of the company’s stock, valued at approximately $2,981,000. iShares Core U.S. Aggregate Bond ETF makes up about 1.6% of New Wave Wealth Advisors LLC’s investment portfolio, making the stock its 18th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. First Community Trust NA bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $25,000. Oliver Lagore Vanvalin Investment Group boosted its position in iShares Core U.S. Aggregate Bond ETF by 162.9% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock worth $25,000 after purchasing an additional 158 shares during the period. Vima LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $27,000. Lynx Investment Advisory bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $28,000. Finally, Atlas Capital Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth about $29,000. 83.63% of the stock is owned by institutional investors.

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

Shares of AGG opened at $101.27 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $102.04. The firm’s 50-day simple moving average is $100.39 and its 200 day simple moving average is $98.11.

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.