Allworth Financial LP Raises Position in iShares Core U.S. Aggregate Bond ETF $AGG

Allworth Financial LP increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 487,575 shares of the company’s stock after purchasing an additional 39,706 shares during the quarter. Allworth Financial LP’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $48,879,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Wiser Advisor Group LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $29,000. North Ridge Wealth Advisors Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $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. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth 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 valued at approximately $40,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4%

NYSEARCA AGG opened at $99.38 on Thursday. The firm has a market cap of $137.34 billion, a P/E ratio of 124.57 and a beta of 0.25. The company’s 50 day moving average is $100.27 and its 200-day moving average is $100.28. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.46.

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.