iShares Core U.S. Aggregate Bond ETF $AGG is Abound Wealth Management’s 2nd Largest Position

Abound Wealth Management lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 453,932 shares of the company’s stock after purchasing an additional 33,267 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 10.6% of Abound Wealth Management’s investment portfolio, making the stock its 2nd biggest holding. Abound Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $45,339,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in AGG. Mercer Global Advisors Inc. ADV grew its position in shares of 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 acquiring an additional 4,942,715 shares during the last quarter. Bank of America Corp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 5.5% in the 3rd 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. United Services Automobile Association raised its position in iShares Core U.S. Aggregate Bond ETF by 70.1% in the 2nd quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock valued at $498,280,000 after purchasing an additional 2,069,200 shares during the last quarter. Raymond James Financial Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock worth $7,944,482,000 after purchasing an additional 1,911,414 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock worth $1,813,740,000 after purchasing an additional 1,607,890 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.76 on Wednesday. The company has a market capitalization of $136.49 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.46. The company’s fifty day moving average is $100.18 and its two-hundred day moving average is $100.27.

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.