Portus Wealth Advisors LLC Makes New Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Portus Wealth Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, Holdings Channel.com reports. The firm purchased 8,651 shares of the company’s stock, valued at approximately $867,000.

Several other large investors have also recently made changes to their positions in the stock. Angeles Investment Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth $26,000. Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $29,000. North Ridge Wealth Advisors Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $29,000. Collier Financial bought a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $31,000. Finally, JCIC Asset Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $32,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $99.80 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.46. The firm has a market cap of $137.92 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The firm has a 50-day simple moving average of $100.29 and a two-hundred day simple moving average of $100.29.

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.