Avantax Planning Partners Inc. Acquires 72,495 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Avantax Planning Partners Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, Holdings Channel.com reports. The firm acquired 72,495 shares of the company’s stock, valued at approximately $6,854,000.

Several other institutional investors have also recently made changes to their positions in AGG. Financial Network Wealth Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $27,000. Asset Dedication LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $27,000. Main Street Group LTD purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at $30,000. JCIC Asset Management Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $30,000. Finally, John Boyer Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $96.55 on Friday. The stock has a 50-day simple moving average of $95.71 and a two-hundred day simple moving average of $98.16. The firm has a market capitalization of $139.35 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.83 and a fifty-two week high of $101.46.

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.