iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stake Lifted by Sand Hill Global Advisors LLC

Sand Hill Global Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 660,319 shares of the company’s stock after buying an additional 56,233 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.7% of Sand Hill Global Advisors LLC’s portfolio, making the stock its 10th largest position. Sand Hill Global Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $63,985,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. Kozak & Associates Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $33,000. Bank of Jackson Hole Trust purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $98.20 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month high of $102.04. The firm has a market capitalization of $124.71 billion, a PE ratio of 126.17 and a beta of 0.24. The company’s 50 day simple moving average is $98.22 and its 200-day simple moving average is $98.29.

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.