Focus Partners Wealth Buys 261,699 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Focus Partners Wealth boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,367,258 shares of the company’s stock after acquiring an additional 261,699 shares during the quarter. Focus Partners Wealth’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $136,483,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Fortitude Advisory Group L.L.C. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.2% during the fourth quarter. Fortitude Advisory Group L.L.C. now owns 7,327 shares of the company’s stock valued at $732,000 after acquiring an additional 736 shares during the last quarter. Fort Point Capital Partners LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.6% during the fourth quarter. Fort Point Capital Partners LLC now owns 458,397 shares of the company’s stock valued at $45,941,000 after acquiring an additional 47,770 shares during the last quarter. Glen Eagle Advisors LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 10.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 4,339 shares of the company’s stock valued at $433,000 after acquiring an additional 419 shares during the last quarter. Intrepid Capital Management Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.7% during the fourth quarter. Intrepid Capital Management Inc. now owns 39,218 shares of the company’s stock valued at $3,917,000 after acquiring an additional 264 shares during the last quarter. Finally, Integrity Financial Corp WA bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $127,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $98.76 on Friday. The company has a fifty day moving average price of $98.94 and a 200-day moving average price of $99.68. The company has a market capitalization of $134.94 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.

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.