Richard Bernstein Advisors LLC Acquires 268,349 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Richard Bernstein Advisors LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3,365.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 276,323 shares of the company’s stock after purchasing an additional 268,349 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 0.6% of Richard Bernstein Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. Richard Bernstein Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $26,776,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AGG. Bradley & Co. Private Wealth Management LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $26,000. Newbridge Financial Services Group Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $33,000. Bank of Jackson Hole Trust acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.6 %

NYSEARCA:AGG opened at $98.80 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The firm has a market capitalization of $124.49 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. The stock’s 50 day moving average price is $97.10 and its two-hundred day moving average price is $98.73.

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.