iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Sees Unusually-High Trading Volume – Time to Buy?

iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) shares saw strong trading volume on Thursday . 20,152,513 shares traded hands during trading, an increase of 167% from the previous session’s volume of 7,545,839 shares.The stock last traded at $97.64 and had previously closed at $97.45.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2 %

The company’s 50 day moving average price is $97.09 and its 200-day moving average price is $98.78.

Institutional Trading of iShares Core U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ledyard National Bank grew its position in iShares Core U.S. Aggregate Bond ETF by 5.0% during the third quarter. Ledyard National Bank now owns 6,189 shares of the company’s stock worth $627,000 after buying an additional 296 shares in the last quarter. Signaturefd LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 23.8% during the third quarter. Signaturefd LLC now owns 12,569 shares of the company’s stock worth $1,273,000 after purchasing an additional 2,419 shares in the last quarter. BLB&B Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% in the third quarter. BLB&B Advisors LLC now owns 559,292 shares of the company’s stock worth $56,640,000 after purchasing an additional 21,476 shares during the last quarter. Ndwm LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 34.3% in the third quarter. Ndwm LLC now owns 12,499 shares of the company’s stock valued at $1,266,000 after purchasing an additional 3,194 shares in the last quarter. Finally, Lazari Capital Management Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 9.9% during the third quarter. Lazari Capital Management Inc. now owns 14,219 shares of the company’s stock valued at $1,440,000 after purchasing an additional 1,285 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

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.