Hillcrest Wealth Advisors NY LLC Has $9.40 Million Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Hillcrest Wealth Advisors NY LLC raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 26.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 94,740 shares of the company’s stock after purchasing an additional 19,965 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 3.8% of Hillcrest Wealth Advisors NY LLC’s portfolio, making the stock its 9th biggest holding. Hillcrest Wealth Advisors NY LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $9,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blueline Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Cresta Advisors Ltd. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Valley National Advisers Inc. grew 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 valued at $25,000 after acquiring an additional 200 shares in the last quarter. First Command Advisory Services Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.61 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week high of $101.46. The firm’s 50-day simple moving average is $98.76 and its 200 day simple moving average is $99.53. The firm has a market cap of $138.36 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.