iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is First Horizon Advisors Inc.’s 8th Largest Position

First Horizon Advisors Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 539,394 shares of the company’s stock after purchasing an additional 40,005 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 1.5% of First Horizon Advisors Inc.’s holdings, making the stock its 8th biggest holding. First Horizon Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $52,267,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AGG. Greenleaf Trust purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $202,000. Mount Yale Investment Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 71.3% in the 3rd quarter. Mount Yale Investment Advisors LLC now owns 8,124 shares of the company’s stock worth $823,000 after purchasing an additional 3,381 shares during the period. BayBridge Capital Group LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.4% in the 3rd quarter. BayBridge Capital Group LLC now owns 231,029 shares of the company’s stock worth $23,396,000 after purchasing an additional 15,897 shares during the period. O Brien Wealth Partners LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $202,000. Finally, Capital Management Associates Inc lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 91.9% in the 3rd quarter. Capital Management Associates Inc now owns 20,783 shares of the company’s stock worth $2,105,000 after purchasing an additional 9,951 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 Stock Up 0.4 %

NYSEARCA:AGG opened at $98.02 on Friday. The company has a 50-day moving average price of $97.08 and a 200-day moving average price of $98.75. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month high of $102.04.

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.