Clearstead Advisors LLC Raises Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Clearstead Advisors LLC lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 22.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 217,140 shares of the company’s stock after buying an additional 39,415 shares during the period. Clearstead Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $21,688,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AGG. Valley National Advisers Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $25,000. Wiser Advisor Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $29,000. North Ridge Wealth Advisors Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $29,000. Finally, Collier Financial purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.44 on Monday. The firm’s 50 day moving average price is $99.09 and its 200-day moving average price is $99.84. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.08 and a 52-week high of $101.46. The company has a market cap of $134.50 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.