Lowe Brockenbrough & Co. Inc. Has $44.46 Million Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Lowe Brockenbrough & Co. Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 17.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 445,167 shares of the company’s stock after acquiring an additional 66,280 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 2.2% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 9th biggest holding. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $44,463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of AGG. Valley National Advisers Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Cresta Advisors Ltd. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. Blueline Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. First Command Advisory Services Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter. Finally, North Ridge Wealth Advisors Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $29,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.17 on Friday. The firm has a market cap of $134.13 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.25 and a fifty-two week high of $101.46. The firm has a 50-day simple moving average of $98.98 and a two-hundred day simple moving average of $99.74.

About iShares Core U.S. Aggregate Bond ETF

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.