Wealth Management Associates Inc. Grows Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Wealth Management Associates Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,944 shares of the company’s stock after buying an additional 1,241 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.3% of Wealth Management Associates Inc.’s portfolio, making the stock its 16th largest position. Wealth Management Associates Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,268,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% during the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after buying an additional 9,678,339 shares during the period. Raymond James Financial Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after buying an additional 3,421,606 shares during the period. Envestnet Asset Management Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after purchasing an additional 5,728,914 shares during the period. US Bancorp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 29.1% in the second quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock valued at $4,363,640,000 after purchasing an additional 9,922,958 shares during the period. Finally, Betterment LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 10.0% in the first quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock valued at $2,164,020,000 after purchasing an additional 1,983,074 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 Up 0.1%

Shares of NYSEARCA AGG opened at $101.27 on Wednesday. The firm has a market cap of $135.92 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $101.35. The business’s 50 day moving average is $100.23 and its two-hundred day moving average is $98.90.

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.