Verus Wealth Management LLC Invests $346,000 in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Verus Wealth Management LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,574 shares of the company’s stock, valued at approximately $346,000.

Other hedge funds have also recently made changes to their positions in the company. Raymond James & Associates raised its holdings in iShares Core U.S. Aggregate Bond ETF by 3.5% during the 3rd quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after buying an additional 2,376,267 shares during the last quarter. US Bancorp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd 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 during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock valued at $1,321,453,000 after buying an additional 230,711 shares during the last quarter. First Citizens Bank & Trust Co. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 8.6% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,322,474 shares of the company’s stock valued at $1,045,357,000 after buying an additional 820,373 shares during the last quarter. Finally, WealthNavi Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 2.4% during the 3rd quarter. WealthNavi Inc. now owns 9,862,677 shares of the company’s stock valued at $998,793,000 after buying an additional 232,340 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $97.52 on Wednesday. The company’s fifty day simple moving average is $97.49 and its two-hundred day simple moving average is $98.89. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month 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.