Beacon Investment Advisory Services Inc. Raises Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Beacon Investment Advisory Services Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 25.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 352,836 shares of the company’s stock after buying an additional 72,468 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.4% of Beacon Investment Advisory Services Inc.’s holdings, making the stock its 17th largest position. Beacon Investment Advisory Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $35,241,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Rothschild Investment LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 4.4% during the third quarter. Rothschild Investment LLC now owns 2,441 shares of the company’s stock valued at $245,000 after acquiring an additional 102 shares during the last quarter. Woodside Wealth Management LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.7% in the third quarter. Woodside Wealth Management LLC now owns 6,241 shares of the company’s stock worth $626,000 after purchasing an additional 104 shares during the last quarter. Realta Investment Advisors grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.9% during the 3rd quarter. Realta Investment Advisors now owns 11,327 shares of the company’s stock valued at $1,135,000 after purchasing an additional 105 shares during the period. Pathway Financial Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.8% during the 3rd quarter. Pathway Financial Advisors LLC now owns 14,255 shares of the company’s stock valued at $1,429,000 after purchasing an additional 109 shares during the last quarter. Finally, Stephens Consulting LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.4% in the 4th quarter. Stephens Consulting LLC now owns 1,288 shares of the company’s stock worth $129,000 after purchasing an additional 111 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $98.54 on Monday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.46. The company has a market cap of $136.18 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The company’s 50 day moving average is $100.09 and its 200 day moving average is $100.24.

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.