Manuka Financial LLC Invests $553,000 in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Manuka Financial LLC bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, HoldingsChannel reports. The fund bought 5,710 shares of the company’s stock, valued at approximately $553,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 0.4% of Manuka Financial LLC’s portfolio, making the stock its 29th largest holding.

Several other hedge funds also recently made changes to their positions in the company. Concord Wealth Partners grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 39.3% in the 4th quarter. Concord Wealth Partners now owns 712 shares of the company’s stock worth $69,000 after acquiring an additional 201 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 13.0% during the 4th quarter. Chicago Partners Investment Group LLC now owns 116,352 shares of the company’s stock valued at $11,226,000 after purchasing an additional 13,374 shares during the period. New Millennium Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $52,000. Waldron Private Wealth LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 10.6% during the 4th quarter. Waldron Private Wealth LLC now owns 35,264 shares of the company’s stock valued at $3,417,000 after purchasing an additional 3,374 shares during the period. Finally, Great Diamond Partners LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.0% during the 4th quarter. Great Diamond Partners LLC now owns 79,179 shares of the company’s stock valued at $7,672,000 after purchasing an additional 771 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $97.40 on Friday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04. The business has a 50 day simple moving average of $97.47 and a 200 day simple moving average of $98.87.

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.