Steinberganna Wealth Management Takes Position in iShares Core U.S. Aggregate Bond ETF $AGG

Steinberganna Wealth Management purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 17,801 shares of the company’s stock, valued at approximately $1,785,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 0.8% of Steinberganna Wealth Management’s portfolio, making the stock its 24th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BKM Wealth Management LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.8% in the 3rd quarter. BKM Wealth Management LLC now owns 5,708 shares of the company’s stock valued at $572,000 after purchasing an additional 462 shares in the last quarter. Finley Financial LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.5% during the third quarter. Finley Financial LLC now owns 8,910 shares of the company’s stock worth $893,000 after buying an additional 700 shares in the last quarter. Kingswood Wealth Advisors LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.0% in the third quarter. Kingswood Wealth Advisors LLC now owns 56,875 shares of the company’s stock worth $5,702,000 after buying an additional 3,217 shares during the last quarter. Atwater Malick LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 34.1% in the third quarter. Atwater Malick LLC now owns 27,627 shares of the company’s stock valued at $2,770,000 after acquiring an additional 7,030 shares in the last quarter. Finally, Independent Solutions Wealth Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 0.4% in the third quarter. Independent Solutions Wealth Management LLC now owns 117,154 shares of the company’s stock valued at $11,745,000 after acquiring an additional 504 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $99.94 on Friday. The firm has a fifty day moving average of $100.15 and a two-hundred day moving average of $99.75. The firm has a market cap of $136.20 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35.

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.