Innovative Wealth Building LLC Purchases 6,042 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Innovative Wealth Building LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 17.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 40,067 shares of the company’s stock after purchasing an additional 6,042 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 3.3% of Innovative Wealth Building LLC’s investment portfolio, making the stock its 7th largest holding. Innovative Wealth Building LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,975,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in iShares Core U.S. Aggregate Bond ETF by 7.5% during the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after purchasing an additional 9,678,339 shares during the period. RWA Wealth Partners LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 8,534.9% during the first quarter. RWA Wealth Partners LLC now owns 4,916,363 shares of the company’s stock worth $486,327,000 after purchasing an additional 4,859,427 shares during the period. Raymond James Financial Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 4.4% during the first quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock worth $8,041,669,000 after purchasing an additional 3,421,606 shares during the period. Goldman Sachs Group Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 13.9% during the first quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock worth $2,086,731,000 after purchasing an additional 2,567,446 shares during the period. Finally, Northern Trust Corp boosted its position in iShares Core U.S. Aggregate Bond ETF by 14.4% during the first quarter. Northern Trust Corp now owns 16,884,474 shares of the company’s stock worth $1,670,212,000 after purchasing an additional 2,120,169 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $100.18 on Friday. The company has a fifty day moving average price of $99.62 and a two-hundred day moving average price of $98.62. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.02. The stock has a market cap of $132.01 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12.

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.