Financial Network Wealth Management LLC Has $1.91 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Financial Network Wealth Management LLC trimmed its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,680 shares of the company’s stock after selling 481 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 0.7% of Financial Network Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Financial Network Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,906,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Diversified Enterprises LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 6.6% during the 4th quarter. Diversified Enterprises LLC now owns 122,104 shares of the company’s stock worth $11,832,000 after purchasing an additional 7,526 shares during the last quarter. Professional Financial Advisors LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.3% during the 4th quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock worth $64,413,000 after purchasing an additional 8,242 shares during the last quarter. Fairvoy Private Wealth LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $12,479,000. WealthTrust Asset Management LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 0.3% during the 4th quarter. WealthTrust Asset Management LLC now owns 59,467 shares of the company’s stock worth $5,762,000 after purchasing an additional 198 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 35.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,286,651 shares of the company’s stock worth $124,676,000 after purchasing an additional 339,637 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1 %

NYSEARCA:AGG opened at $98.86 on Friday. The stock has a market cap of $125.55 billion, a P/E ratio of 125.34 and a beta of 0.22. The stock has a 50 day simple moving average of $97.75 and a 200 day simple moving average of $98.55. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04.

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.