Texas Capital Bank Wealth Management Services Inc Buys 86,658 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Texas Capital Bank Wealth Management Services Inc raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 49.8% during the fourth quarter, HoldingsChannel reports. The firm owned 260,802 shares of the company’s stock after acquiring an additional 86,658 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 1.5% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its 11th largest position. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $26,049,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Valley National Advisers Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Cresta Advisors Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Wiser Advisor Group LLC bought 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. bought a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $29,000. Finally, Collier Financial bought a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $31,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1%

iShares Core U.S. Aggregate Bond ETF stock opened at $98.80 on Thursday. The company has a market capitalization of $134.99 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.23 and a 12 month high of $101.46. The stock has a 50-day moving average price of $99.04 and a two-hundred day moving average price of $99.81.

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.