Melfa Wealth Management Inc. Has $515,000 Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Melfa Wealth Management Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,316 shares of the company’s stock after buying an additional 441 shares during the period. Melfa Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Raymond James & Associates lifted its stake in iShares Core U.S. Aggregate Bond ETF by 3.5% in the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after acquiring an additional 2,376,267 shares during the last quarter. US Bancorp DE grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after acquiring an additional 3,717,053 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock worth $1,321,453,000 after purchasing an additional 230,711 shares during the period. Creative Planning lifted its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% in the second quarter. Creative Planning now owns 12,959,116 shares of the company’s stock valued at $1,257,941,000 after purchasing an additional 318,944 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 8.6% during the third quarter. First Citizens Bank & Trust Co. now owns 10,322,474 shares of the company’s stock valued at $1,045,357,000 after purchasing an additional 820,373 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.24 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The stock’s fifty day moving average price is $97.54 and its two-hundred day moving average price is $98.92.

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.