Somnio Financial Group LLC Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Somnio Financial Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 101,589 shares of the company’s stock, valued at approximately $9,861,000. iShares Core U.S. Aggregate Bond ETF comprises 8.7% of Somnio Financial Group LLC’s holdings, making the stock its 4th largest holding.

Several other institutional investors also recently modified their holdings of AGG. Granite Bay Wealth Management LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 126.4% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 59,181 shares of the company’s stock valued at $5,745,000 after purchasing an additional 33,042 shares during the period. Ted Buchan & Co purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $16,201,000. HFG Wealth Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at about $284,000. EP Wealth Advisors LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 4.5% during the second quarter. EP Wealth Advisors LLC now owns 1,622,294 shares of the company’s stock worth $157,476,000 after buying an additional 70,177 shares during the last quarter. Finally, Kimelman & Baird LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $36,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2 %

AGG opened at $101.27 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $102.04. The company’s 50-day moving average price is $100.39 and its two-hundred day moving average price is $98.11.

iShares Core U.S. Aggregate Bond ETF Company 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.