Sowell Financial Services LLC Purchases 24,433 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Sowell Financial Services LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 229,717 shares of the company’s stock after acquiring an additional 24,433 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 0.8% of Sowell Financial Services LLC’s holdings, making the stock its 16th biggest position. Sowell Financial Services LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $22,944,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Erickson Financial Group LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.4% in the fourth quarter. Erickson Financial Group LLC now owns 76,352 shares of the company’s stock worth $7,626,000 after buying an additional 5,894 shares in the last quarter. WestHill Financial Advisors Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 1.3% during the fourth quarter. WestHill Financial Advisors Inc. now owns 16,877 shares of the company’s stock worth $1,686,000 after buying an additional 214 shares in the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $254,000. Realta Investment Advisors increased its stake in iShares Core U.S. Aggregate Bond ETF by 6.3% in the 4th quarter. Realta Investment Advisors now owns 12,044 shares of the company’s stock worth $1,203,000 after acquiring an additional 717 shares during the last quarter. Finally, Florida Trust Wealth Management Co increased its stake in iShares Core U.S. Aggregate Bond ETF by 7.6% in the 4th quarter. Florida Trust Wealth Management Co now owns 243,616 shares of the company’s stock worth $24,332,000 after acquiring an additional 17,303 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $99.23 on Monday. The stock has a market cap of $138.60 billion, a P/E ratio of 124.57 and a beta of 0.25. The business’s 50-day moving average price is $100.01 and its two-hundred day moving average price is $100.18. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.15 and a twelve month high of $101.46.

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.