Tandem Wealth Advisors LLC Boosts Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Tandem Wealth Advisors LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.1% in the 4th quarter, HoldingsChannel reports. The firm owned 394,544 shares of the company’s stock after buying an additional 29,609 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 19.5% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its largest holding. Tandem Wealth Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $38,231,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. Raymond James Financial Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $7,545,901,000. Jones Financial Companies Lllp raised its position in iShares Core U.S. Aggregate Bond ETF by 6.1% in the 4th quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after purchasing an additional 7,463,618 shares during the last quarter. Arizona PSPRS Trust boosted its stake in iShares Core U.S. Aggregate Bond ETF by 64.2% in the fourth quarter. Arizona PSPRS Trust now owns 13,346,704 shares of the company’s stock worth $1,293,296,000 after purchasing an additional 5,220,182 shares in the last quarter. Constellation Investments Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $431,100,000. Finally, Proficio Capital Partners LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2,980.1% in the fourth quarter. Proficio Capital Partners LLC now owns 4,576,801 shares of the company’s stock valued at $443,492,000 after buying an additional 4,428,207 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.8 %

Shares of NYSEARCA AGG opened at $97.14 on Friday. The company has a market cap of $123.37 billion, a price-to-earnings ratio of 126.17 and a beta of 0.24. 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’s 50-day simple moving average is $98.24 and its 200 day simple moving average is $98.20.

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.