Brookstone Capital Management Has $93.40 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Brookstone Capital Management cut its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 940,878 shares of the company’s stock after selling 28,470 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 1.1% of Brookstone Capital Management’s portfolio, making the stock its 12th biggest holding. Brookstone Capital Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $93,401,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in AGG. Valley National Advisers Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the period. Cresta Advisors Ltd. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $25,000. Blueline Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $25,000. First Command Advisory Services Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the period. Finally, Wiser Advisor Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $98.90 on Monday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46. The firm has a market capitalization of $135.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The company’s 50 day moving average price is $98.90 and its two-hundred day moving average price is $99.61.

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.