Stronghold Wealth Management L.L.C. Takes $3.34 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Stronghold Wealth Management L.L.C. purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,479 shares of the company’s stock, valued at approximately $3,344,000. iShares Core U.S. Aggregate Bond ETF makes up 4.9% of Stronghold Wealth Management L.L.C.’s investment portfolio, making the stock its 2nd largest holding.

Several other hedge funds also recently added to or reduced their stakes in the business. Entrust Financial LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $174,000. Ironwood Investment Counsel LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 19.4% in the fourth quarter. Ironwood Investment Counsel LLC now owns 19,398 shares of the company’s stock worth $1,937,000 after acquiring an additional 3,148 shares during the period. Sequent Planning LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 15.1% in the fourth quarter. Sequent Planning LLC now owns 262,041 shares of the company’s stock worth $26,173,000 after acquiring an additional 34,462 shares during the period. Odyssey Capital Advisors Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $349,000. Finally, TD Private Client Wealth LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 4.0% in the fourth quarter. TD Private Client Wealth LLC now owns 491,983 shares of the company’s stock worth $49,139,000 after acquiring an additional 18,896 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.02 on Monday. The firm has a market capitalization of $133.92 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.66 and a fifty-two week high of $101.46. The stock has a 50 day moving average of $99.29 and a 200 day moving average of $99.93.

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.