Newport Capital Group LLC Has $5.06 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Newport Capital Group LLC grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,686 shares of the company’s stock after acquiring an additional 5,882 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.9% of Newport Capital Group LLC’s holdings, making the stock its 10th largest position. Newport Capital Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,062,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AGG. Brighton Jones LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after purchasing an additional 7,030 shares during the period. Revolve Wealth Partners LLC grew its holdings in 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 worth $884,000 after purchasing an additional 3,044 shares during the period. Russell Investments Group Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $111,000. Ieq Capital LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.9% during the second quarter. Ieq Capital LLC now owns 47,381 shares of the company’s stock worth $4,700,000 after purchasing an additional 4,269 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in iShares Core U.S. Aggregate Bond ETF by 7.6% during the second quarter. Quantinno Capital Management LP now owns 13,419 shares of the company’s stock worth $1,331,000 after purchasing an additional 943 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $98.76 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week high of $101.46. The stock has a market capitalization of $134.94 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock has a 50-day simple moving average of $98.94 and a 200 day simple moving average of $99.68.

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.