Davies Financial Advisors Inc. Buys New Position in iShares Core U.S. Aggregate Bond ETF $AGG

Davies Financial Advisors Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 12,961 shares of the company’s stock, valued at approximately $1,286,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.0% of Davies Financial Advisors Inc.’s investment portfolio, making the stock its 21st largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.1% during the second quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after purchasing an additional 9,922,958 shares in the last quarter. Jones Financial Companies Lllp increased its stake in iShares Core U.S. Aggregate Bond ETF by 7.5% during the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after buying an additional 9,678,339 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after buying an additional 5,728,914 shares during the period. RWA Wealth Partners LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 8,534.9% in the 1st quarter. RWA Wealth Partners LLC now owns 4,916,363 shares of the company’s stock worth $486,327,000 after buying an additional 4,859,427 shares in the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $395,573,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.12 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35. The company has a market capitalization of $134.73 billion, a PE ratio of 124.57 and a beta of 0.25. The business has a 50-day moving average of $100.47 and a 200-day moving average of $99.10.

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.