Alterna Wealth Management Inc. Invests $782,000 in iShares Core U.S. Aggregate Bond ETF $AGG

Alterna Wealth Management Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 7,825 shares of the company’s stock, valued at approximately $782,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Valley National Advisers Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the period. E&G Advisors LP increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.8% during the fourth quarter. E&G Advisors LP now owns 42,048 shares of the company’s stock valued at $4,199,000 after buying an additional 1,159 shares during the period. Highland Financial Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $288,000. James J. Burns & Company LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 48.1% during the fourth quarter. James J. Burns & Company LLC now owns 255,659 shares of the company’s stock valued at $25,535,000 after buying an additional 83,018 shares during the period. Finally, Destiny Capital Corp CO increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.0% during the fourth quarter. Destiny Capital Corp CO now owns 78,437 shares of the company’s stock valued at $7,834,000 after buying an additional 1,525 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $99.32 on Monday. The firm has a market cap of $135.51 billion, a P/E ratio of 124.57 and a beta of 0.27. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $96.15 and a 12 month high of $101.46. The stock’s fifty day moving average price is $99.92 and its 200-day moving average price is $100.15.

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.