Westwood Holdings Group Inc. Has $4.12 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Westwood Holdings Group Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 267.6% in the fourth quarter, Holdings Channel reports. The fund owned 42,505 shares of the company’s stock after purchasing an additional 30,942 shares during the quarter. Westwood Holdings Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,119,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.1% in the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock worth $12,495,021,000 after acquiring an additional 7,463,618 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $7,545,901,000. Wells Fargo & Company MN lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.9% in the fourth quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after acquiring an additional 3,007,758 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after acquiring an additional 2,718,705 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 9.9% in the 4th quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock valued at $4,240,174,000 after buying an additional 3,944,353 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $97.46 on Wednesday. The firm’s 50 day simple moving average is $98.12 and its 200 day simple moving average is $97.86. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.63 and a one year high of $102.04. The company has a market cap of $122.80 billion, a PE ratio of 124.57 and a beta of 0.25.

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.