Gerber Kawasaki Wealth & Investment Management Has $107.23 Million Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Gerber Kawasaki Wealth & Investment Management lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,073,583 shares of the company’s stock after acquiring an additional 83,820 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 3.7% of Gerber Kawasaki Wealth & Investment Management’s holdings, making the stock its 6th biggest holding. Gerber Kawasaki Wealth & Investment Management owned 0.08% of iShares Core U.S. Aggregate Bond ETF worth $107,229,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AGG. Raymond James Financial Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock worth $7,944,482,000 after purchasing an additional 1,911,414 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% during the 3rd quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after purchasing an additional 2,423,410 shares during the period. US Bancorp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after purchasing an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after purchasing an additional 4,942,715 shares during the period. Finally, Betterment LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.9% during the 4th quarter. Betterment LLC now owns 26,255,484 shares of the company’s stock worth $2,622,398,000 after purchasing an additional 1,687,004 shares during the period. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

AGG stock opened at $98.76 on Friday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.51 and a 12 month high of $101.46. The company has a 50-day moving average price of $98.94 and a 200 day moving average price of $99.68. The stock has a market cap of $134.94 billion, a PE ratio of 124.57 and a beta of 0.25.

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.