Evolve Private Wealth LLC Purchases New Position in iShares Core U.S. Aggregate Bond ETF $AGG

Evolve Private Wealth LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 442,250 shares of the company’s stock, valued at approximately $44,172,000. iShares Core U.S. Aggregate Bond ETF comprises 2.6% of Evolve Private Wealth LLC’s holdings, making the stock its 4th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of AGG. Bank of America Corp DE grew its stake in iShares Core U.S. Aggregate Bond ETF by 16.0% in the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock valued at $5,367,292,000 after buying an additional 7,411,242 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in iShares Core U.S. Aggregate Bond ETF by 17.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after buying an additional 4,942,715 shares during the last quarter. Northern Trust Corp grew its stake in iShares Core U.S. Aggregate Bond ETF by 25.1% in the 4th quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock valued at $2,068,108,000 after buying an additional 4,148,106 shares during the last quarter. Constellation Investments Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 70.2% in the 4th quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock valued at $705,444,000 after buying an additional 2,914,000 shares during the last quarter. Finally, Valpey Financial Services LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 9,942.1% in the 4th quarter. Valpey Financial Services LLC now owns 2,872,830 shares of the company’s stock valued at $286,938,000 after buying an additional 2,844,222 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $98.61 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week high of $101.46. The firm has a market cap of $134.73 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm’s 50-day simple moving average is $98.92 and its 200 day simple moving average is $99.63.

iShares Core U.S. Aggregate Bond ETF 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.