Bright Financial Advisors Inc. Raises Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Bright Financial Advisors Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 353,529 shares of the company’s stock after purchasing an additional 23,511 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 17.3% of Bright Financial Advisors Inc.’s holdings, making the stock its biggest position. Bright Financial Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $35,441,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AGG. Angeles Investment Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth $26,000. North Ridge Wealth Advisors Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $29,000. Collier Financial bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $31,000. JCIC Asset Management Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $32,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $40,000. 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 AGG stock opened at $101.10 on Tuesday. The stock has a market capitalization of $139.72 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.35. The stock’s 50-day moving average price is $100.19 and its 200-day moving average price is $100.16.

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.