Somnio Financial Group LLC Invests $9.86 Million in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Somnio Financial Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 101,589 shares of the company’s stock, valued at approximately $9,861,000. iShares Core U.S. Aggregate Bond ETF accounts for 8.7% of Somnio Financial Group LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors have also added to or reduced their stakes in AGG. First Community Trust NA purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at $25,000. Oliver Lagore Vanvalin Investment Group boosted its stake in iShares Core U.S. Aggregate Bond ETF by 162.9% in the 2nd 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 purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $27,000. Lynx Investment Advisory bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at about $28,000. Finally, Atlas Capital Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth about $29,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA:AGG opened at $101.27 on Tuesday. The company has a 50 day moving average of $100.39 and a 200 day moving average of $98.11. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $102.04.

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.