Buffalo Business & Estate Services Ltd. Purchases New Position in iShares Core U.S. Aggregate Bond ETF $AGG

Buffalo Business & Estate Services Ltd. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 439,337 shares of the company’s stock, valued at approximately $43,881,000. iShares Core U.S. Aggregate Bond ETF accounts for about 6.3% of Buffalo Business & Estate Services Ltd.’s investment portfolio, making the stock its 4th biggest holding.

A number of other hedge funds also recently bought and sold shares of the business. Raymond James Financial Inc. increased its position 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 buying an additional 1,911,414 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% during 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 buying an additional 2,423,410 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after buying an additional 4,942,715 shares in the last quarter. Betterment LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 6.5% in the 3rd quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock valued at $2,462,990,000 after acquiring an additional 1,500,630 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 8.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,621,070 shares of the company’s stock valued at $1,962,495,000 after acquiring an additional 1,507,215 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

NYSEARCA:AGG opened at $99.23 on Monday. The company has a fifty day moving average of $100.01 and a two-hundred day moving average of $100.18. The stock has a market capitalization of $138.60 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.15 and a fifty-two week 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.