First Business Financial Services Inc. Increases Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

First Business Financial Services Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.8% in the third quarter, HoldingsChannel.com reports. The fund owned 363,294 shares of the company’s stock after purchasing an additional 6,390 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 3.3% of First Business Financial Services Inc.’s investment portfolio, making the stock its 8th largest holding. First Business Financial Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $36,420,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cultivar Capital Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.3% in the third quarter. Cultivar Capital Inc. now owns 239,111 shares of the company’s stock worth $23,971,000 after buying an additional 7,750 shares during the period. Ellenbecker Investment Group grew its position in iShares Core U.S. Aggregate Bond ETF by 8.5% in the 3rd quarter. Ellenbecker Investment Group now owns 648,841 shares of the company’s stock valued at $65,046,000 after acquiring an additional 50,564 shares during the last quarter. CX Institutional increased its stake in iShares Core U.S. Aggregate Bond ETF by 205.4% in the third quarter. CX Institutional now owns 157,491 shares of the company’s stock worth $15,788,000 after purchasing an additional 105,924 shares during the period. Fulton Breakefield Broenniman LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 1.9% in the third quarter. Fulton Breakefield Broenniman LLC now owns 384,827 shares of the company’s stock worth $38,579,000 after purchasing an additional 7,345 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 334.7% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,994 shares of the company’s stock worth $2,907,000 after purchasing an additional 22,324 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of AGG opened at $100.00 on Thursday. The firm has a fifty day moving average price of $100.13 and a 200-day moving average price of $99.84. The firm has a market capitalization of $136.50 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.35.

iShares Core U.S. Aggregate Bond ETF 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.