Paloma Partners Management Co Invests $1.38 Million in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Paloma Partners Management Co purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,600 shares of the company’s stock, valued at approximately $1,377,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Oliver Lagore Vanvalin Investment Group grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 162.9% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock valued at $25,000 after purchasing an additional 158 shares during the period. ST Germain D J Co. Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1,020.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock valued at $28,000 after buying an additional 255 shares in the last quarter. Lynx Investment Advisory acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $28,000. Wagner Wealth Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 30,500.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock worth $31,000 after buying an additional 305 shares during the last quarter. Finally, Kimelman & Baird LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $36,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $98.90 on Tuesday. The stock’s 50 day simple moving average is $99.10 and its 200-day simple moving average is $98.85. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04.

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.