New Century Financial Group LLC Has $1.71 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

New Century Financial Group LLC increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 240.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,271 shares of the company’s stock after purchasing an additional 12,205 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 2.0% of New Century Financial Group LLC’s portfolio, making the stock its 11th largest holding. New Century Financial Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of AGG. Briaud Financial Planning Inc bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth $25,000. MTM Investment Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter worth about $37,000. AlphaCore Capital LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth about $40,000. Godsey & Gibb Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $46,000. Finally, Atlas Capital Advisors Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after purchasing an additional 200 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $100.29 on Friday. The stock has a market cap of $130.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The company has a 50 day moving average of $99.59 and a 200-day moving average of $98.61. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.02.

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.