Spire Wealth Management Has $34.25 Million Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Spire Wealth Management cut its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 349,403 shares of the company’s stock after selling 17,232 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.2% of Spire Wealth Management’s investment portfolio, making the stock its 10th largest holding. Spire Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $34,250,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $1,416,230,000. Charles Schwab Investment Management Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 120.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock worth $1,706,332,000 after acquiring an additional 9,923,920 shares in the last quarter. TIAA Trust National Association bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $657,826,000. United Services Automobile Association increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 127.4% during the 3rd quarter. United Services Automobile Association now owns 7,073,294 shares of the company’s stock worth $665,173,000 after purchasing an additional 3,962,762 shares during the last quarter. Finally, P E Global LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 77.2% in the 4th quarter. P E Global LLC now owns 6,745,576 shares of the company’s stock valued at $669,498,000 after purchasing an additional 2,937,853 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.5 %

iShares Core U.S. Aggregate Bond ETF stock traded up $0.49 during midday trading on Friday, reaching $96.19. 9,146,714 shares of the company’s stock were exchanged, compared to its average volume of 10,411,634. The stock’s 50-day simple moving average is $96.75 and its 200 day simple moving average is $96.76. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $100.42.

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.