Wrapmanager Inc. Has $20.06 Million Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Wrapmanager Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 207,022 shares of the company’s stock after acquiring an additional 8,222 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 5.1% of Wrapmanager Inc.’s holdings, making the stock its largest holding. Wrapmanager Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $20,060,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Kozak & Associates Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $26,000. Newbridge Financial Services Group Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $33,000. Bank of Jackson Hole Trust acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $35,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $43,000. Finally, Bank of New Hampshire lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 71.7% in the 4th quarter. Bank of New Hampshire now owns 455 shares of the company’s stock valued at $44,000 after acquiring an additional 190 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $98.19 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The stock’s fifty day simple moving average is $97.08 and its 200 day simple moving average is $98.73.

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.