Constellation Investments Inc. Buys 2,914,000 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Constellation Investments Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 70.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,062,919 shares of the company’s stock after purchasing an additional 2,914,000 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 21.8% of Constellation Investments Inc.’s holdings, making the stock its 2nd biggest position. Constellation Investments Inc. owned 0.52% of iShares Core U.S. Aggregate Bond ETF worth $705,444,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $29,000. North Ridge Wealth Advisors Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $29,000. Collier Financial acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $31,000. JCIC Asset Management Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $32,000. Finally, Moisand Fitzgerald Tamayo LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 78.0% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 331 shares of the company’s stock worth $33,000 after purchasing an additional 145 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $99.05 on Tuesday. The business’s 50-day simple moving average is $99.99 and its 200-day simple moving average is $100.18. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.46. The stock has a market capitalization of $138.35 billion, a P/E ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF Company 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.