Sovran Advisors LLC Purchases 9,702 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Sovran Advisors LLC increased its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 14.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,896 shares of the company’s stock after purchasing an additional 9,702 shares during the period. Sovran Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,506,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Wiser Advisor Group LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $29,000. North Ridge Wealth Advisors Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $29,000. Collier Financial bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $31,000. JCIC Asset Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $32,000. Finally, Moisand Fitzgerald Tamayo LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 78.0% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 331 shares of the company’s stock valued at $33,000 after acquiring an additional 145 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $99.23 on Friday. The firm has a market capitalization of $138.60 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.46. The company’s 50-day simple moving average is $100.01 and its 200 day simple moving average is $100.19.

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.