Daymark Wealth Partners LLC Significantly Increases Stake in iShares Core U.S. Aggregate Bond ETF

Investment firm Daymark Wealth Partners LLC has notably expanded its investment in the iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG), with an 89.0% increment in their ownership during the third quarter, according to their latest 13F filing submitted to the Securities and Exchange Commission (SEC). The sizable acquisition resulted in Daymark Wealth Partners holding a total of 18,795 shares in the ETF after the addition of 8,851 shares within the quarter. As reported in their most recent filing, the aggregate value of Daymark Wealth Partners' stake in the ETF stood at approximately $1.77 million.

Not alone in adjusting their investment strategies, other hedge funds have also reported changes in their holdings of the iShares Core U.S. Aggregate Bond ETF during the same quarter. Among them, CIC Wealth LLC increased their share count by 11.0%, owning 5,483 shares valued at $516,000 post-acquisition. Webster Bank N. A. escalated their holdings by 12.4%, possessing now a total of 119,058 shares with a market value of $11.2 million. Parkside Advisors LLC raised their stake by 8.1%, reaching 212,392 shares worth nearly $20 million, while Evensky & Katz LLC grew their holdings by 14.7%, amounting to 74,064 shares valued at $6.97 million. Moreover, Members Trust Co observed a substantial hike of 14.2% in their holdings, taking their total shares to 5,810,882 with a staggering value of $546.98 million. Collectively, hedge funds and other institutional investors hold a dominant 83.21% of the ETF's shares.

iShares Core U.S. Aggregate Bond ETF Price Performance

The ETF's price performance remains an area of interest for investors, with the stock opening at $98.69 on a recent trading day. With market fluctuations, the ETF has experienced a 50-day simple moving average of $94.71 and a 200-day simple moving average of $95.95. Its price over the past twelve months has seen a low of $91.58 and a peak of $101.15.

About iShares Core U.S. Aggregate Bond ETF

The iShares Core U.S. Aggregate Bond ETF is regarded as an index fund, providing investors with an appealing investment choice due to its lower cost, tax efficiency, and trading flexibility. These ETF shares can be traded like common stock on various national and international securities exchanges. Investors have the convenience of purchasing and selling the shares through any brokerage firm, financial advisor, or online broker, and can hold them in different types of brokerage accounts.

Investors seeking to stay informed on hedge fund holdings and insider trades for the iShares Core U.S. Aggregate Bond ETF can refer to holdings tracking platforms. Additionally, for those interested in daily news updates and analysts' ratings for the iShares Core U.S. Aggregate Bond ETF, a range of resources are available for a comprehensive market overview.

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