NewEdge Wealth LLC Increases Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

NewEdge Wealth LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 327,394 shares of the company’s stock after buying an additional 13,231 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $32,500,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blueline Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Cresta Advisors Ltd. bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $25,000. Valley National Advisers Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. First Command Advisory Services Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $29,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2%

NYSEARCA:AGG opened at $97.58 on Thursday. The company has a 50-day moving average price of $98.49 and a 200-day moving average price of $99.35. The stock has a market cap of $137.75 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.51 and a 12 month high of $101.46.

About iShares Core U.S. Aggregate Bond ETF

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.