PKS Advisory Services LLC Purchases New Shares in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

PKS Advisory Services LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 46,857 shares of the company’s stock, valued at approximately $4,540,000. iShares Core U.S. Aggregate Bond ETF comprises 1.2% of PKS Advisory Services LLC’s investment portfolio, making the stock its 11th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. Heritage Wealth Management Inc. CA grew its holdings in iShares Core U.S. Aggregate Bond ETF by 4.8% during the 4th quarter. Heritage Wealth Management Inc. CA now owns 18,252 shares of the company’s stock worth $1,769,000 after acquiring an additional 842 shares during the last quarter. Insight 2811 Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 14.4% during the fourth quarter. Insight 2811 Inc. now owns 144,112 shares of the company’s stock worth $13,964,000 after purchasing an additional 18,091 shares in the last quarter. TIAA Trust National Association grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the fourth quarter. TIAA Trust National Association now owns 8,881,649 shares of the company’s stock valued at $860,993,000 after purchasing an additional 216,826 shares during the last quarter. FineMark National Bank & Trust raised its position in iShares Core U.S. Aggregate Bond ETF by 5.4% in the 4th quarter. FineMark National Bank & Trust now owns 24,350 shares of the company’s stock worth $2,360,000 after purchasing an additional 1,241 shares during the last quarter. Finally, Modern Wealth Management LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 831.1% in the 4th quarter. Modern Wealth Management LLC now owns 50,114 shares of the company’s stock worth $4,886,000 after purchasing an additional 44,732 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $98.36 on Tuesday. The business’s fifty day moving average price is $97.85 and its two-hundred day moving average price is $98.49. The firm has a market capitalization of $124.92 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04.

iShares Core U.S. Aggregate Bond ETF Company 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.