Talon Private Wealth LLC Invests $607,000 in iShares Core U.S. Aggregate Bond ETF $AGG

Talon Private Wealth LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the first quarter, HoldingsChannel reports. The firm acquired 6,118 shares of the company’s stock, valued at approximately $607,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.0% in the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 16.0% during the fourth quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares in the last quarter. US Bancorp DE boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% in the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after buying an additional 489,837 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock valued at $3,621,605,000 after buying an additional 3,032,433 shares during the last quarter. Finally, Morgan Stanley raised its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after acquiring an additional 1,245,217 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $97.55 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.27 and a 1-year high of $101.46. The stock has a market cap of $137.65 billion, a PE ratio of 124.57 and a beta of 0.25. The firm has a fifty day moving average price of $98.44 and a 200 day moving average price of $99.27.

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.