LeConte Wealth Management LLC Acquires 24,962 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

LeConte Wealth Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 71.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 59,747 shares of the company’s stock after purchasing an additional 24,962 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 4.0% of LeConte Wealth Management LLC’s portfolio, making the stock its 7th largest position. LeConte Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,927,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Brighton Jones LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 238.0% during the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after purchasing an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after buying an additional 3,044 shares during the last quarter. Millennium Management LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 391.3% in the fourth quarter. Millennium Management LLC now owns 63,690 shares of the company’s stock valued at $6,172,000 after buying an additional 50,727 shares during the period. Park Square Financial Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $131,000. Finally, Copia Wealth Management acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $54,000. 83.63% of the stock is owned by institutional investors.

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

iShares Core U.S. Aggregate Bond ETF stock opened at $100.14 on Thursday. The business has a 50 day moving average price of $99.36 and a two-hundred day moving average price of $98.53. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.56. The stock has a market cap of $129.93 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12.

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.