Acumen Wealth Advisors LLC Acquires 5,328 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Acumen Wealth Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.6% during the 1st quarter, HoldingsChannel reports. The firm owned 347,987 shares of the company’s stock after purchasing an additional 5,328 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 9.3% of Acumen Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. Acumen Wealth Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $34,545,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AGG. Blueline Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Cresta Advisors Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $25,000. Valley National Advisers Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. First Command Advisory Services Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th 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 bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at approximately $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $97.74 on Wednesday. The firm’s 50 day moving average is $98.51 and its 200 day moving average is $99.37. The firm has a market capitalization of $137.98 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46.

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.