Genesis Private Wealth LLC Purchases New Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Genesis Private Wealth LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 53,403 shares of the company’s stock, valued at approximately $5,334,000. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.7% of Genesis Private Wealth LLC’s investment portfolio, making the stock its 20th biggest position.

Several other institutional investors have also added to or reduced their stakes in AGG. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after buying an additional 4,942,715 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after buying an additional 2,423,410 shares during the period. United Services Automobile Association lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 70.1% during the 2nd quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after acquiring an additional 2,069,200 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock worth $7,944,482,000 after acquiring an additional 1,911,414 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 9.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock valued at $1,813,740,000 after acquiring an additional 1,607,890 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.8%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.66 on Friday. The stock’s fifty day moving average is $100.23 and its two-hundred day moving average is $100.28. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.46. The company has a market capitalization of $136.35 billion, a PE ratio of 124.57 and a beta of 0.25.

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.