Firestone Capital Management Grows Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Firestone Capital Management boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 82,269 shares of the company’s stock after purchasing an additional 9,165 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 2.5% of Firestone Capital Management’s holdings, making the stock its 13th largest position. Firestone Capital Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,165,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in AGG. Envestnet Portfolio Solutions Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $1,416,230,000. Charles Schwab Investment Management Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 120.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock valued at $1,706,332,000 after acquiring an additional 9,923,920 shares during the last quarter. TIAA Trust National Association acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $657,826,000. United Services Automobile Association increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 127.4% during the 3rd quarter. United Services Automobile Association now owns 7,073,294 shares of the company’s stock valued at $665,173,000 after acquiring an additional 3,962,762 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the 3rd quarter. Raymond James & Associates now owns 61,988,428 shares of the company’s stock valued at $5,829,392,000 after acquiring an additional 3,269,839 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4 %

AGG traded down $0.39 on Tuesday, reaching $95.23. 11,199,769 shares of the company’s stock were exchanged, compared to its average volume of 9,264,397. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $100.42. The company’s 50 day moving average is $96.87 and its 200-day moving average is $96.68.

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.