Freedom Investment Management Inc. Grows Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Freedom Investment Management Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 187,319 shares of the company’s stock after purchasing an additional 14,531 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 1.5% of Freedom Investment Management Inc.’s portfolio, making the stock its 10th largest holding. Freedom Investment Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $18,151,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $25,000. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $33,000. Bank of Jackson Hole Trust acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $35,000. Finally, Stonebridge Financial Group LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3 %

Shares of NYSEARCA:AGG opened at $97.87 on Friday. The firm has a 50 day moving average of $98.25 and a 200-day moving average of $98.10. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month high of $102.04. The stock has a market capitalization of $124.29 billion, a PE ratio of 126.17 and a beta of 0.24.

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.