Asset Allocation Strategies LLC Has $5.65 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Asset Allocation Strategies LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 32.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,549 shares of the company’s stock after selling 26,809 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 1.1% of Asset Allocation Strategies LLC’s holdings, making the stock its 24th largest position. Asset Allocation Strategies LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,648,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. Tillman Hartley LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 0.4% during the fourth quarter. Tillman Hartley LLC now owns 70,868 shares of the company’s stock worth $7,078,000 after purchasing an additional 248 shares during the last quarter. Tiemann Investment Advisors LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 5.9% in the 4th quarter. Tiemann Investment Advisors LLC now owns 206,542 shares of the company’s stock valued at $20,629,000 after buying an additional 11,534 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its stake in iShares Core U.S. Aggregate Bond ETF by 8.5% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,073,583 shares of the company’s stock valued at $107,229,000 after buying an additional 83,820 shares during the last quarter. Summit Financial LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 6.2% during the 4th quarter. Summit Financial LLC now owns 305,794 shares of the company’s stock worth $30,543,000 after buying an additional 17,901 shares in the last quarter. Finally, M1 Capital Management LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 20.6% during the 4th quarter. M1 Capital Management LLC now owns 8,594 shares of the company’s stock worth $858,000 after buying an additional 1,470 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $98.76 on Friday. The company’s 50-day moving average price is $98.94 and its two-hundred day moving average price is $99.68. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The stock has a market capitalization of $134.94 billion, a PE ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF 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.