Northwestern Mutual Wealth Management Co. Acquires 412,320 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,278,036 shares of the company’s stock after buying an additional 412,320 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 0.8% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 22nd largest holding. Northwestern Mutual Wealth Management Co. owned approximately 0.89% of iShares Core U.S. Aggregate Bond ETF worth $1,226,330,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Savant Capital LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 1.0% during the fourth quarter. Savant Capital LLC now owns 51,464 shares of the company’s stock valued at $5,140,000 after purchasing an additional 491 shares during the period. CFS Investment Advisory Services LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 8.1% during the fourth quarter. CFS Investment Advisory Services LLC now owns 110,872 shares of the company’s stock valued at $11,074,000 after purchasing an additional 8,279 shares during the period. Baker Avenue Asset Management LP grew its holdings in iShares Core U.S. Aggregate Bond ETF by 7.2% during the fourth quarter. Baker Avenue Asset Management LP now owns 904,246 shares of the company’s stock valued at $90,316,000 after purchasing an additional 61,017 shares during the period. Godfrey Financial Associates Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $3,778,000. Finally, Kingsview Wealth Management LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 8.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,288,980 shares of the company’s stock valued at $128,743,000 after purchasing an additional 95,988 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $99.00 on Friday. The firm has a market capitalization of $135.26 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.23 and a 52-week high of $101.46. The stock has a 50-day simple moving average of $99.03 and a two-hundred day simple moving average of $99.80.

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.