Geneos Wealth Management Inc. Purchases 50,457 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Geneos Wealth Management Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 81.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 112,052 shares of the company’s stock after acquiring an additional 50,457 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,858,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in AGG. Arizona PSPRS Trust acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $822,973,000. United Services Automobile Association lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% during the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock worth $924,510,000 after buying an additional 4,694,299 shares during the last quarter. US Bancorp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 11.1% in the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after buying an additional 3,717,053 shares in the last quarter. International Assets Investment Management LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the third quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock valued at $244,418,000 after acquiring an additional 2,393,623 shares during the last quarter. Finally, Raymond James & Associates raised its stake in iShares Core U.S. Aggregate Bond ETF by 3.5% during the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock worth $7,196,768,000 after acquiring an additional 2,376,267 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $97.01 on Friday. The company’s 50 day moving average is $97.50 and its 200-day moving average is $98.88. 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 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.