Merriman Wealth Management LLC Buys 60,578 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Merriman Wealth Management LLC grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2,602.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,906 shares of the company’s stock after purchasing an additional 60,578 shares during the quarter. Merriman Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,106,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of AGG. Global Assets Advisory LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 12,066.6% in the first quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock valued at $574,111,000 after purchasing an additional 5,813,688 shares during the period. State of Michigan Retirement System bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $498,454,000. Envestnet Asset Management Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after acquiring an additional 4,641,016 shares during the period. US Bancorp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 9.3% during the first quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $3,104,615,000 after acquiring an additional 2,691,016 shares during the period. Finally, Raymond James & Associates increased its position in iShares Core U.S. Aggregate Bond ETF by 4.0% during the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after acquiring an additional 2,640,524 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1 %

NYSEARCA:AGG opened at $101.49 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $102.04. The firm’s 50-day simple moving average is $100.01 and its 200 day simple moving average is $97.96.

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.