Dakota Wealth Management Has $41.42 Million Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Dakota Wealth Management raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 25.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 413,171 shares of the company’s stock after buying an additional 83,911 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 0.8% of Dakota Wealth Management’s portfolio, making the stock its 19th largest position. Dakota Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $41,420,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Angeles Investment Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $26,000. North Ridge Wealth Advisors Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $29,000. Collier Financial bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $31,000. JCIC Asset Management Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $32,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $40,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $101.10 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.35. The firm has a market cap of $139.72 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock’s 50-day moving average is $100.19 and its 200-day moving average is $100.16.

About iShares Core U.S. Aggregate Bond ETF

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.