Balboa Wealth Partners Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Balboa Wealth Partners purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, Holdings Channel.com reports. The firm purchased 3,064 shares of the company’s stock, valued at approximately $304,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Truist Financial Corp lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 15.2% in the 4th quarter. Truist Financial Corp now owns 6,382,581 shares of the company’s stock worth $633,471,000 after purchasing an additional 840,304 shares in the last quarter. Cherry Tree Wealth Management LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 26.4% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 32,582 shares of the company’s stock worth $3,234,000 after purchasing an additional 6,799 shares in the last quarter. Consolidated Planning Corp bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $225,000. JMG Financial Group Ltd. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% in the 4th quarter. JMG Financial Group Ltd. now owns 14,374 shares of the company’s stock worth $1,427,000 after purchasing an additional 258 shares in the last quarter. Finally, Kozak & Associates Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $35,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG traded down $0.25 during trading hours on Thursday, reaching $96.49. The stock had a trading volume of 2,710,382 shares, compared to its average volume of 8,775,681. The firm has a 50-day simple moving average of $96.47 and a 200 day simple moving average of $97.10. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $99.70.

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.