BCS Wealth Management Grows Stake in iShares Core U.S. Aggregate Bond ETF $AGG

BCS Wealth Management raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 20.9% during the second quarter, HoldingsChannel.com reports. The firm owned 88,260 shares of the company’s stock after buying an additional 15,268 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 1.9% of BCS Wealth Management’s portfolio, making the stock its 11th biggest position. BCS Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,755,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Briaud Financial Planning Inc purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth $25,000. MTM Investment Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter worth about $37,000. AlphaCore Capital LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter worth about $40,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $46,000. Finally, Atlas Capital Advisors Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% during the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock valued at $49,000 after acquiring an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.33 on Wednesday. The company has a 50 day moving average price of $99.31 and a 200 day moving average price of $98.52. The firm has a market capitalization of $130.18 billion, a P/E ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.62.

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.