NewEdge Wealth LLC Buys 56,836 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

NewEdge Wealth LLC raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 51.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 167,562 shares of the company’s stock after buying an additional 56,836 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $16,237,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AGG. Mesirow Financial Investment Management Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 0.8% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 12,674 shares of the company’s stock worth $1,283,000 after purchasing an additional 104 shares during the period. Howe & Rusling Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.4% in the third quarter. Howe & Rusling Inc. now owns 4,414 shares of the company’s stock worth $447,000 after purchasing an additional 105 shares during the last quarter. Braun Bostich & Associates Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.5% in the fourth quarter. Braun Bostich & Associates Inc. now owns 2,533 shares of the company’s stock worth $245,000 after buying an additional 109 shares during the period. Vestia Personal Wealth Advisors increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.1% in the fourth quarter. Vestia Personal Wealth Advisors now owns 2,493 shares of the company’s stock worth $242,000 after buying an additional 121 shares during the period. Finally, Mount Yale Investment Advisors LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1.5% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 8,246 shares of the company’s stock valued at $799,000 after buying an additional 122 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2 %

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.96 on Thursday. The company’s fifty day simple moving average is $97.14 and its two-hundred day simple moving average is $98.73. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04. The firm has a market cap of $124.69 billion, a PE ratio of 125.24 and a beta of 0.20.

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.