456,545 Shares in iShares Core U.S. Aggregate Bond ETF $AGG Bought by Arax Advisory Partners

Arax Advisory Partners bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 456,545 shares of the company’s stock, valued at approximately $45,600,000. iShares Core U.S. Aggregate Bond ETF comprises about 1.3% of Arax Advisory Partners’ portfolio, making the stock its 14th biggest position.

A number of other hedge funds have also modified their holdings of the stock. Valley National Advisers Inc. boosted its position 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 buying an additional 200 shares during the period. Cresta Advisors Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Blueline Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. First Command Advisory Services Inc. boosted its position in shares of 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 worth $28,000 after buying an additional 212 shares during the period. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth $29,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

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

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

iShares Core U.S. Aggregate Bond ETF Company 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.