Brave Asset Management Inc. Grows Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Brave Asset Management Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.4% in the 1st quarter, Holdings Channel reports. The firm owned 399,490 shares of the company’s stock after buying an additional 16,750 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 9.3% of Brave Asset Management Inc.’s portfolio, making the stock its 2nd biggest holding. Brave Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,657,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Valley National Advisers Inc. raised 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 valued at $25,000 after buying an additional 200 shares in the last quarter. Cresta Advisors Ltd. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. Blueline Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. First Command Advisory Services Inc. increased its holdings in shares of 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 acquiring an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd 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 Up 0.1%

NYSEARCA:AGG opened at $98.71 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.51 and a 12 month high of $101.46. The firm has a market cap of $134.87 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The company’s 50 day moving average is $98.87 and its 200-day moving average is $99.59.

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.