Savvy Advisors Inc. Increases Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Savvy Advisors Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 577,483 shares of the company’s stock after acquiring an additional 107,820 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 1.9% of Savvy Advisors Inc.’s portfolio, making the stock its 8th largest position. Savvy Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $57,679,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $29,000. North Ridge Wealth Advisors Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $29,000. Collier Financial bought a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at 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, Moisand Fitzgerald Tamayo LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 78.0% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 331 shares of the company’s stock valued at $33,000 after buying an additional 145 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $99.23 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.46. The stock has a market cap of $138.60 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock’s 50-day moving average price is $100.01 and its two-hundred day moving average price is $100.19.

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.