Centerstone Investors LLC Invests $4.94 Million in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Centerstone Investors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, Holdings Channel reports. The fund purchased 51,000 shares of the company’s stock, valued at approximately $4,942,000. iShares Core U.S. Aggregate Bond ETF makes up 7.3% of Centerstone Investors LLC’s portfolio, making the stock its 4th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pacific Point Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $593,000. Mittelman Wealth Management purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $852,000. GTS Securities LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $1,322,000. Fourth Dimension Wealth LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $58,000. Finally, Vise Technologies Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 338.7% during the 4th quarter. Vise Technologies Inc. now owns 37,377 shares of the company’s stock worth $3,622,000 after acquiring an additional 28,857 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $97.10 on Friday. The firm has a 50-day simple moving average of $98.07 and a 200-day simple moving average of $97.85. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.63 and a one year high of $102.04. The firm has a market cap of $122.35 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.