iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Lifted by Brave Asset Management Inc.

Brave Asset Management Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 399,490 shares of the company’s stock after buying an additional 16,750 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 9.3% of Brave Asset Management Inc.’s holdings, making the stock its 2nd biggest position. Brave Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,657,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 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 worth $25,000 after acquiring an additional 200 shares during the last quarter. Cresta Advisors Ltd. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. Blueline Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. First Command Advisory Services Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $29,000. 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 AGG stock opened at $98.71 on Wednesday. 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 stock’s 50-day moving average is $98.87 and its two-hundred day moving average is $99.59. The firm has a market cap of $134.87 billion, a P/E 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.