iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 388,721 shares of the company’s stock after purchasing an additional 18,742 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 1.4% of Beacon Investment Advisory Services Inc.’s portfolio, making the stock its 21st biggest holding. Beacon Investment Advisory Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $38,476,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AGG. Blueline Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $25,000. Cresta Advisors Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. increased its position 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 purchasing an additional 200 shares during the last quarter. First Command Advisory Services Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 321.2% during the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $29,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2%

Shares of NYSEARCA AGG opened at $97.60 on Friday. The stock has a market capitalization of $137.72 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.12 and a twelve month high of $101.46. The stock has a fifty day simple moving average of $98.28 and a 200-day simple moving average of $99.14.

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.