Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,278,036 shares of the company’s stock after buying an additional 412,320 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 0.8% of Northwestern Mutual Wealth Management Co.’s portfolio, making the stock its 22nd biggest holding. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,226,330,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Valley National Advisers Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the period. Cresta Advisors Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $29,000. North Ridge Wealth Advisors Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth $29,000. Finally, Collier Financial bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $31,000. Institutional investors own 83.63% of the company’s stock.
iShares Core U.S. Aggregate Bond ETF Stock Performance
Shares of NYSEARCA:AGG opened at $99.00 on Friday. The firm has a fifty day moving average price of $99.03 and a 200 day moving average price of $99.80. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.23 and a fifty-two week high of $101.46. The firm has a market cap of $135.26 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.
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.
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Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).
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