NewSquare Capital LLC Purchases 10,622 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

NewSquare Capital LLC raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,400 shares of the company’s stock after acquiring an additional 10,622 shares during the quarter. NewSquare Capital LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $13,474,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in the second quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock worth $4,355,153,000 after purchasing an additional 1,915,497 shares during the last quarter. Betterment LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 5.4% in the 2nd quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after buying an additional 1,191,388 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 9.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock worth $1,813,740,000 after buying an additional 1,607,890 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 3.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,963,480 shares of the company’s stock worth $1,186,777,000 after buying an additional 417,611 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,618,735 shares of the company’s stock worth $1,164,778,000 after buying an additional 620,855 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $100.53 on Thursday. The stock has a market capitalization of $138.93 billion, a PE ratio of 124.57 and a beta of 0.25. The stock’s 50 day moving average price is $100.32 and its 200-day moving average price is $100.24. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.15 and a 52-week high of $101.46.

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.