Potomac Fund Management Inc. ADV Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Potomac Fund Management Inc. ADV acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,031 shares of the company’s stock, valued at approximately $972,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Braun Bostich & Associates Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.5% in the fourth quarter. Braun Bostich & Associates Inc. now owns 2,533 shares of the company’s stock valued at $245,000 after purchasing an additional 109 shares in the last quarter. Vestia Personal Wealth Advisors raised its position in iShares Core U.S. Aggregate Bond ETF by 5.1% in the 4th quarter. Vestia Personal Wealth Advisors now owns 2,493 shares of the company’s stock valued at $242,000 after buying an additional 121 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.5% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 8,246 shares of the company’s stock valued at $799,000 after acquiring an additional 122 shares in the last quarter. Cadent Capital Advisors LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 6.0% during the 4th quarter. Cadent Capital Advisors LLC now owns 2,172 shares of the company’s stock worth $210,000 after acquiring an additional 123 shares during the last quarter. Finally, Summit Financial Strategies Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.0% during the 4th quarter. Summit Financial Strategies Inc. now owns 6,185 shares of the company’s stock worth $599,000 after acquiring an additional 123 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.0 %

NYSEARCA AGG opened at $98.96 on Wednesday. The firm’s 50 day moving average is $98.07 and its 200-day moving average is $98.37. The company has a market capitalization of $125.68 billion, a PE ratio of 126.17 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month 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.