Fort Point Capital Partners LLC Grows Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Fort Point Capital Partners LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 458,397 shares of the company’s stock after buying an additional 47,770 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 5.2% of Fort Point Capital Partners LLC’s investment portfolio, making the stock its 4th largest holding. Fort Point Capital Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $45,941,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blueline Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $25,000. Cresta Advisors Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $25,000. Valley National Advisers Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th 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. First Command Advisory Services Inc. grew 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 purchasing an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $98.76 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week high of $101.46. The firm’s fifty day moving average is $98.94 and its 200 day moving average is $99.68. The firm has a market cap of $134.94 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.