Asempa Wealth Advisors Takes $735,000 Position in iShares Core U.S. Aggregate Bond ETF $AGG

Asempa Wealth Advisors acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,361 shares of the company’s stock, valued at approximately $735,000.

Several other hedge funds have also recently added to or reduced their stakes in AGG. Raymond James Financial Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% in the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after purchasing an additional 1,911,414 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after purchasing an additional 2,423,410 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in iShares Core U.S. Aggregate Bond ETF by 17.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after buying an additional 4,942,715 shares in the last quarter. Betterment LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.5% in the third quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock worth $2,462,990,000 after acquiring an additional 1,500,630 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 8.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,621,070 shares of the company’s stock worth $1,962,495,000 after acquiring an additional 1,507,215 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.8%

Shares of NYSEARCA:AGG opened at $98.66 on Monday. The company has a market capitalization of $136.35 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.15 and a 52-week high of $101.46. The stock’s fifty day simple moving average is $100.23 and its 200-day simple moving average is $100.28.

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.