Towercrest Capital Management Increases Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Towercrest Capital Management increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 343,442 shares of the company’s stock after purchasing an additional 9,113 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 5.5% of Towercrest Capital Management’s investment portfolio, making the stock its 3rd largest holding. Towercrest Capital Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $34,780,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at $33,000. Evergreen Wealth Solutions LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 101.1% during the 1st quarter. Evergreen Wealth Solutions LLC now owns 99,016 shares of the company’s stock valued at $9,698,000 after acquiring an additional 49,768 shares during the last quarter. Transcendent Capital Group LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.4% during the 1st quarter. Transcendent Capital Group LLC now owns 10,068 shares of the company’s stock valued at $986,000 after acquiring an additional 143 shares during the last quarter. SVB Wealth LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 67.8% during the 1st quarter. SVB Wealth LLC now owns 646,131 shares of the company’s stock valued at $63,282,000 after acquiring an additional 260,958 shares during the last quarter. Finally, Econ Financial Services Corp lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 39.7% during the 1st quarter. Econ Financial Services Corp now owns 103,652 shares of the company’s stock valued at $10,152,000 after acquiring an additional 29,463 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:AGG opened at $97.82 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The stock has a fifty day moving average of $99.39 and a 200-day moving average of $98.74.

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.