Prentice Wealth Management LLC Grows Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Prentice Wealth Management LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.7% in the first quarter, Holdings Channel reports. The institutional investor owned 293,000 shares of the company’s stock after acquiring an additional 13,110 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 10.0% of Prentice Wealth Management LLC’s holdings, making the stock its 2nd largest position. Prentice Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $28,696,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. First Pacific Financial bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. First Community Trust NA bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth approximately $25,000. Vima LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $27,000. Cetera Trust Company N.A acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $28,000. Finally, Elevate Wealth Advisory Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $31,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4 %

AGG traded down $0.39 during trading on Wednesday, reaching $97.44. 2,193,411 shares of the company’s stock were exchanged, compared to its average volume of 8,261,144. The business has a 50 day moving average price of $96.56 and a 200 day moving average price of $97.38. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $91.58 and a fifty-two week high of $99.70.

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.