TFC Financial Management Inc. Invests $422,000 in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

TFC Financial Management Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,350 shares of the company’s stock, valued at approximately $422,000.

Several other large investors have also made changes to their positions in AGG. NBC Securities Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 10.4% during the third quarter. NBC Securities Inc. now owns 16,638 shares of the company’s stock worth $1,684,000 after purchasing an additional 1,567 shares in the last quarter. Magnus Financial Group LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth approximately $215,000. Capital Advisors Wealth Management LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.3% during the third quarter. Capital Advisors Wealth Management LLC now owns 52,504 shares of the company’s stock worth $5,317,000 after purchasing an additional 180 shares in the last quarter. Stillwater Capital Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth approximately $763,000. Finally, MN Wealth Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 492.9% during the third quarter. MN Wealth Advisors LLC now owns 33,062 shares of the company’s stock worth $3,348,000 after purchasing an additional 27,486 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.5 %

Shares of AGG opened at $96.76 on Thursday. 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 50 day moving average price of $97.29 and a 200 day moving average price of $98.85.

iShares Core U.S. Aggregate Bond ETF 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.