Edgemoor Investment Advisors Inc. Has $2.19 Million Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Edgemoor Investment Advisors Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 91.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 22,577 shares of the company’s stock after buying an additional 10,802 shares during the period. Edgemoor Investment Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,188,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.4% in the third quarter. Howe & Rusling Inc. now owns 4,414 shares of the company’s stock worth $447,000 after acquiring an additional 105 shares during the period. Braun Bostich & Associates Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.5% in the fourth quarter. Braun Bostich & Associates Inc. now owns 2,533 shares of the company’s stock worth $245,000 after acquiring an additional 109 shares during the period. Vestia Personal Wealth Advisors increased its holdings in iShares Core U.S. Aggregate Bond ETF by 5.1% in the fourth quarter. Vestia Personal Wealth Advisors now owns 2,493 shares of the company’s stock worth $242,000 after purchasing an additional 121 shares in the last quarter. Mount Yale Investment Advisors LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 1.5% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 8,246 shares of the company’s stock worth $799,000 after purchasing an additional 122 shares in the last quarter. Finally, Cadent Capital Advisors LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 6.0% in the fourth quarter. Cadent Capital Advisors LLC now owns 2,172 shares of the company’s stock worth $210,000 after purchasing an additional 123 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $98.28 on Monday. The company has a market cap of $124.82 billion, a P/E ratio of 125.34 and a beta of 0.22. The stock has a 50 day simple moving average of $97.58 and a two-hundred day simple moving average of $98.57. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04.

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.