Freestone Capital Holdings LLC Buys 71,690 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Freestone Capital Holdings LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.3% during the fourth quarter, HoldingsChannel reports. The firm owned 842,389 shares of the company’s stock after buying an additional 71,690 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 2.5% of Freestone Capital Holdings LLC’s portfolio, making the stock its 8th largest position. Freestone Capital Holdings LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $84,138,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of AGG. Valley National Advisers Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $29,000. North Ridge Wealth Advisors Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth about $29,000. Collier Financial acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $31,000. Finally, JCIC Asset Management Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $32,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $99.52 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.66 and a one year high of $101.46. The business’s 50-day simple moving average is $99.92 and its 200 day simple moving average is $100.15. The stock has a market cap of $135.79 billion, a price-to-earnings ratio of 124.57 and a beta of 0.27.

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.