Elevatus Welath Management Acquires Shares of 76,122 iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Elevatus Welath Management bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, HoldingsChannel reports. The firm bought 76,122 shares of the company’s stock, valued at approximately $7,376,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.5% of Elevatus Welath Management’s investment portfolio, making the stock its 12th largest holding.

Several other hedge funds have also modified their holdings of AGG. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Kozak & Associates Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $33,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $35,000. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $43,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3 %

Shares of AGG opened at $97.87 on Friday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The firm has a market capitalization of $124.29 billion, a P/E ratio of 126.17 and a beta of 0.24. The firm’s 50-day moving average is $98.26 and its two-hundred day moving average is $98.08.

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.