Stone Wealth Partners Takes $5.07 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Stone Wealth Partners bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 50,715 shares of the company’s stock, valued at approximately $5,065,000. iShares Core U.S. Aggregate Bond ETF accounts for 4.5% of Stone Wealth Partners’ portfolio, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of AGG. Lynch Investment Planning LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $5,058,000. GuidedMoney LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $3,828,000. Sonoma Allocations LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2,196.1% during the fourth quarter. Sonoma Allocations LLC now owns 103,256 shares of the company’s stock valued at $10,296,000 after purchasing an additional 98,759 shares during the period. MV Capital Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $25,118,000. Finally, Continental Investors Services Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the fourth quarter. Continental Investors Services Inc. now owns 46,621 shares of the company’s stock valued at $4,740,000 after purchasing an additional 4,924 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.90 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 $135.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The company’s 50 day moving average price is $98.91 and its 200-day moving average price is $99.62.

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.