Merit Financial Group LLC Buys 19,800 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Merit Financial Group LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 117.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,730 shares of the company’s stock after acquiring an additional 19,800 shares during the period. Merit Financial Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,559,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Saxon Interests Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Saxon Interests Inc. now owns 29,603 shares of the company’s stock worth $2,869,000 after acquiring an additional 1,138 shares during the period. Wealthcare Capital Management LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 3.5% during the fourth quarter. Wealthcare Capital Management LLC now owns 24,691 shares of the company’s stock worth $2,393,000 after purchasing an additional 839 shares during the period. Truefg LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.3% in the fourth quarter. Truefg LLC now owns 6,118 shares of the company’s stock worth $593,000 after purchasing an additional 414 shares in the last quarter. KMG Fiduciary Partners LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 18.4% in the fourth quarter. KMG Fiduciary Partners LLC now owns 76,259 shares of the company’s stock valued at $7,389,000 after purchasing an additional 11,876 shares during the period. Finally, Family Wealth Partners LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.1% during the 4th quarter. Family Wealth Partners LLC now owns 39,007 shares of the company’s stock valued at $3,780,000 after buying an additional 2,587 shares in 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 Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $96.92 on Monday. The firm has a 50 day simple moving average of $97.58 and a 200 day simple moving average of $98.91. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04.

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.