iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 31.2% in the second quarter, HoldingsChannel reports. The firm owned 66,605 shares of the company’s stock after purchasing an additional 15,842 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 6.6% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 4,946 shares of the company’s stock worth $490,000 after buying an additional 307 shares during the period. TL Private Wealth acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at $248,000. Worth Asset Management LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 26.4% during the second quarter. Worth Asset Management LLC now owns 16,346 shares of the company’s stock valued at $1,618,000 after acquiring an additional 3,417 shares during the period. Invariant Investment Management grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.6% during the second quarter. Invariant Investment Management now owns 11,601 shares of the company’s stock worth $1,145,000 after acquiring an additional 921 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.1% during the second quarter. Beacon Investment Advisory Services Inc. now owns 388,721 shares of the company’s stock worth $38,476,000 after acquiring an additional 18,742 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

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

AGG stock opened at $97.60 on Friday. The stock has a market cap of $137.72 billion, a PE ratio of 124.57 and a beta of 0.25. The firm’s 50-day simple moving average is $98.28 and its 200 day simple moving average is $99.14. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.12 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.