Beacon Investment Advisory Services Inc. Buys 72,468 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Beacon Investment Advisory Services Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 25.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 352,836 shares of the company’s stock after purchasing an additional 72,468 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 1.4% of Beacon Investment Advisory Services Inc.’s holdings, making the stock its 17th biggest position. Beacon Investment Advisory Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $35,241,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Cultivar Capital Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 3.3% during the third quarter. Cultivar Capital Inc. now owns 239,111 shares of the company’s stock valued at $23,971,000 after purchasing an additional 7,750 shares during the period. Ellenbecker Investment Group increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.5% during the 3rd quarter. Ellenbecker Investment Group now owns 648,841 shares of the company’s stock valued at $65,046,000 after purchasing an additional 50,564 shares during the last quarter. CX Institutional raised its holdings in iShares Core U.S. Aggregate Bond ETF by 205.4% during the 3rd quarter. CX Institutional now owns 157,491 shares of the company’s stock valued at $15,788,000 after buying an additional 105,924 shares during the period. Fulton Breakefield Broenniman LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 1.9% in the third quarter. Fulton Breakefield Broenniman LLC now owns 384,827 shares of the company’s stock worth $38,579,000 after buying an additional 7,345 shares during the last quarter. Finally, CVA Family Office LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 8.2% in the third quarter. CVA Family Office LLC now owns 113,857 shares of the company’s stock worth $11,414,000 after buying an additional 8,593 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $98.54 on Monday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.46. The firm has a market capitalization of $136.18 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The company has a fifty day moving average of $100.09 and a two-hundred day moving average of $100.24.

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.