iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Boosted by Focus Financial Network Inc.

Focus Financial Network Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 586,042 shares of the company’s stock after purchasing an additional 41,644 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 2.0% of Focus Financial Network Inc.’s portfolio, making the stock its 8th biggest position. Focus Financial Network Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $58,534,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Cultivar Capital Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 3.3% during the 3rd quarter. Cultivar Capital Inc. now owns 239,111 shares of the company’s stock valued at $23,971,000 after purchasing an additional 7,750 shares during the period. Ellenbecker Investment Group lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.5% in the 3rd quarter. Ellenbecker Investment Group now owns 648,841 shares of the company’s stock worth $65,046,000 after purchasing an additional 50,564 shares during the period. CX Institutional lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 205.4% in the 3rd quarter. CX Institutional now owns 157,491 shares of the company’s stock worth $15,788,000 after purchasing an additional 105,924 shares during the period. Fulton Breakefield Broenniman LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.9% during the third quarter. Fulton Breakefield Broenniman LLC now owns 384,827 shares of the company’s stock valued at $38,579,000 after purchasing an additional 7,345 shares in the last quarter. Finally, CVA Family Office LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 8.2% during the third quarter. CVA Family Office LLC now owns 113,857 shares of the company’s stock valued at $11,414,000 after purchasing an additional 8,593 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.3%

Shares of AGG stock opened at $98.76 on Wednesday. The firm has a market cap of $136.49 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.15 and a 52-week high of $101.46. The company’s 50 day moving average is $100.18 and its 200 day moving average is $100.27.

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.