4WEALTH Advisors Inc. Makes New $1.59 Million Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

4WEALTH Advisors Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 16,362 shares of the company’s stock, valued at approximately $1,585,000. iShares Core U.S. Aggregate Bond ETF accounts for about 1.6% of 4WEALTH Advisors Inc.’s holdings, making the stock its 13th biggest position.

Several other hedge funds have also recently modified their holdings of the stock. Acorn Financial Advisory Services Inc. ADV lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.4% in the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 393,796 shares of the company’s stock valued at $38,159,000 after purchasing an additional 5,284 shares in the last quarter. Gallagher Fiduciary Advisors LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 53.3% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 4,738 shares of the company’s stock valued at $459,000 after purchasing an additional 1,648 shares during the period. Pennington Partners & CO. LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $634,000. South Plains Financial Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $980,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 23,411,435 shares of the company’s stock worth $2,268,568,000 after acquiring an additional 882,233 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $98.43 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.22 and a 52-week high of $102.04. The company’s fifty day moving average is $98.40 and its two-hundred day moving average is $97.98. The firm has a market capitalization of $123.04 billion, a price-to-earnings ratio of 124.85 and a beta of 0.24.

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.