Wed Oct 02 17:54:58 UTC 2024: ## Heritage Wealth Management Invests in iShares Core U.S. Aggregate Bond ETF

**New York, NY – October 2, 2024** – Heritage Wealth Management Inc. has taken a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG), according to its recent Form 13F filing. The investment firm purchased 21,493 shares of the ETF, valued at approximately $2,097,000.

AGG, which tracks the performance of the U.S. investment-grade bond market, constitutes 0.7% of Heritage Wealth Management’s portfolio, making it the firm’s 29th largest holding.

This move follows a trend of institutional investors and hedge funds increasing their positions in AGG. Global Assets Advisory LLC significantly boosted its stake by 12,066.6% in the first quarter, while State of Michigan Retirement System acquired a new stake worth $498,454,000 in the second quarter. Envestnet Asset Management Inc. and US Bancorp DE also increased their holdings in the ETF during recent periods.

“The growing interest from institutional investors indicates a strong belief in the stability and potential of the U.S. bond market,” said a market analyst.

iShares Core U.S. Aggregate Bond ETF (AGG) is an index fund that offers investors exposure to the U.S. bond market through a diversified portfolio of bonds. It is known for its low cost, tax efficiency, and trading flexibility.

“AGG is a popular choice for investors seeking to diversify their portfolios and mitigate risk,” said a financial advisor. “Its strong performance and low expense ratio make it an attractive option for both individual and institutional investors.”

**Shares of AGG opened at $101.24 on Wednesday.** The ETF has a 1-year low of $91.58 and a 1-year high of $102.04.

For more information on hedge fund holdings and insider trades for AGG, visit HoldingsChannel.com.

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