CBM Financial LLC Makes New $6.59 Million Investment in iShares Core U.S. Aggregate Bond ETF $AGG

CBM Financial LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, HoldingsChannel.com reports. The fund bought 65,382 shares of the company’s stock, valued at approximately $6,594,000. iShares Core U.S. Aggregate Bond ETF comprises 4.5% of CBM Financial LLC’s holdings, making the stock its 7th biggest holding.

Several other institutional investors also recently made changes to their positions in AGG. Curated Wealth Partners LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $3,913,000. CPR Investments Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 205.1% in the 4th quarter. CPR Investments Inc. now owns 53,934 shares of the company’s stock worth $5,387,000 after purchasing an additional 36,256 shares in the last quarter. NBC Securities Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 30.1% during the fourth quarter. NBC Securities Inc. now owns 59,388 shares of the company’s stock valued at $5,932,000 after buying an additional 13,724 shares in the last quarter. Capital Asset Advisory Services LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 8.7% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,772,568 shares of the company’s stock valued at $177,292,000 after buying an additional 141,584 shares in the last quarter. Finally, Bright Financial Advisors Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.1% in the third quarter. Bright Financial Advisors Inc. now owns 353,529 shares of the company’s stock worth $35,441,000 after buying an additional 23,511 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $98.90 on Friday. The firm has a market capitalization of $135.13 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.51 and a 52-week high of $101.46. The company’s 50 day simple moving average is $98.91 and its 200-day simple moving average is $99.62.

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.