Founders Financial Securities LLC Purchases 49,064 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Founders Financial Securities LLC boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 21.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 276,577 shares of the company’s stock after acquiring an additional 49,064 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 1.6% of Founders Financial Securities LLC’s portfolio, making the stock its 11th largest position. Founders Financial Securities LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,624,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AGG. Valley National Advisers Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. Blueline Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. Wiser Advisor Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $29,000. Finally, North Ridge Wealth Advisors Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $99.06 on Friday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.23 and a fifty-two week high of $101.46. The stock has a market capitalization of $135.35 billion, a PE ratio of 124.57 and a beta of 0.26. The business’s 50-day simple moving average is $99.02 and its 200-day simple moving average is $99.80.

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.