Capstone Wealth Management Inc. Invests $2.54 Million in iShares Core U.S. Aggregate Bond ETF $AGG

Capstone Wealth Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 25,438 shares of the company’s stock, valued at approximately $2,542,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 2.2% of Capstone Wealth Management Inc.’s portfolio, making the stock its 12th biggest holding.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% in the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock valued at $5,367,292,000 after buying an additional 7,411,242 shares during the period. US Bancorp DE increased its holdings 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 buying an additional 489,837 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after buying an additional 3,032,433 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after buying an additional 1,245,217 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $98.90 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The firm has a market cap of $135.13 billion, a PE ratio of 124.57 and a beta of 0.25. The firm’s 50 day moving average price is $98.91 and its 200-day moving average price is $99.62.

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.