Eldridge Investment Advisors Inc. Has $7.14 Million Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Eldridge Investment Advisors Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 73,727 shares of the company’s stock after purchasing an additional 6,550 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 1.7% of Eldridge Investment Advisors Inc.’s holdings, making the stock its 16th largest holding. Eldridge Investment Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Kozak & Associates Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $33,000. Bank of Jackson Hole Trust bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $35,000. Finally, Stonebridge Financial Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $43,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2 %

Shares of AGG stock opened at $98.28 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The firm’s fifty day simple moving average is $97.58 and its 200 day simple moving average is $98.59. The firm has a market capitalization of $124.82 billion, a P/E ratio of 125.34 and a beta of 0.22.

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.