iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Sees Unusually-High Trading Volume – What’s Next?

iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) saw unusually-strong trading volume on Thursday . Approximately 20,152,513 shares changed hands during trading, an increase of 167% from the previous session’s volume of 7,545,839 shares.The stock last traded at $97.64 and had previously closed at $97.45.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2 %

The firm’s 50 day moving average is $97.09 and its 200 day moving average is $98.78.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Professional Financial Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 1.3% in the fourth quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock worth $64,413,000 after purchasing an additional 8,242 shares during the period. Fairvoy Private Wealth LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $12,479,000. Kingsview Wealth Management LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 35.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,286,651 shares of the company’s stock valued at $124,676,000 after purchasing an additional 339,637 shares during the last quarter. Drucker Wealth 3.0 LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 6.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 5,724 shares of the company’s stock valued at $580,000 after purchasing an additional 340 shares during the last quarter. Finally, World Investment Advisors LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1,845.5% in the third quarter. World Investment Advisors LLC now owns 320,965 shares of the company’s stock worth $32,037,000 after buying an additional 304,467 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 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.