Gerber Kawasaki Wealth & Investment Management Has $99.22 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Gerber Kawasaki Wealth & Investment Management raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 989,763 shares of the company’s stock after purchasing an additional 139,045 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 3.4% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 6th biggest holding. Gerber Kawasaki Wealth & Investment Management owned 0.07% of iShares Core U.S. Aggregate Bond ETF worth $99,224,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Angeles Investment Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $26,000. North Ridge Wealth Advisors Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $29,000. Collier Financial acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $31,000. JCIC Asset Management Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $32,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth $40,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $100.12 on Monday. The stock has a market cap of $138.37 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.46. The business has a fifty day moving average of $100.32 and a 200-day moving average of $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.