Sage Mountain Advisors LLC Buys New Shares in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Sage Mountain Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,198 shares of the company’s stock, valued at approximately $119,000.

Several other hedge funds also recently added to or reduced their stakes in AGG. Jones Financial Companies Lllp boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock worth $8,395,146,000 after acquiring an additional 2,551,739 shares in the last quarter. Raymond James & Associates boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% during the 4th quarter. Raymond James & Associates now owns 63,061,225 shares of the company’s stock worth $6,258,826,000 after acquiring an additional 1,072,797 shares in the last quarter. US Bancorp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% during the 3rd quarter. US Bancorp DE now owns 25,936,364 shares of the company’s stock worth $2,438,642,000 after acquiring an additional 2,346,840 shares in the last quarter. Morgan Stanley boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the 3rd quarter. Morgan Stanley now owns 25,070,989 shares of the company’s stock worth $2,357,676,000 after acquiring an additional 440,988 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 120.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock worth $1,706,332,000 after acquiring an additional 9,923,920 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $95.64 on Wednesday. The company’s 50-day simple moving average is $97.01 and its 200-day simple moving average is $96.64. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 and a 52-week high of $100.42.

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.