Wetzel Investment Advisors Inc. Invests $14.27 Million in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Wetzel Investment Advisors Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 143,744 shares of the company’s stock, valued at approximately $14,267,000. iShares Core U.S. Aggregate Bond ETF makes up about 8.8% of Wetzel Investment Advisors Inc.’s holdings, making the stock its biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of AGG. Long Run Wealth Advisors LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 0.5% during the fourth quarter. Long Run Wealth Advisors LLC now owns 20,150 shares of the company’s stock valued at $2,000,000 after buying an additional 105 shares during the period. Carmichael Hill & Associates Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 6.6% in the 4th quarter. Carmichael Hill & Associates Inc. now owns 1,697 shares of the company’s stock worth $168,000 after purchasing an additional 105 shares during the last quarter. Wealthsource Partners LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.8% in the 2nd quarter. Wealthsource Partners LLC now owns 13,844 shares of the company’s stock worth $1,356,000 after purchasing an additional 108 shares during the last quarter. Brickley Wealth Management raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% in the 3rd quarter. Brickley Wealth Management now owns 2,623 shares of the company’s stock worth $247,000 after purchasing an additional 110 shares during the last quarter. Finally, O Connor Financial Group LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% in the 4th quarter. O Connor Financial Group LLC now owns 2,676 shares of the company’s stock worth $266,000 after purchasing an additional 112 shares during 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

Shares of AGG traded up $0.11 during trading hours on Friday, hitting $95.39. The company had a trading volume of 9,121,593 shares, compared to its average volume of 9,307,015. The firm has a fifty day moving average price of $97.08 and a 200-day moving average price of $96.55. 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.