Kraft Davis & Associates LLC Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Kraft Davis & Associates LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 22,827 shares of the company’s stock, valued at approximately $2,225,000.

Other institutional investors have also modified their holdings of the company. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $25,000. Greenline Partners LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $31,000. Godsey & Gibb Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at about $46,000. Curio Wealth LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $50,000. Finally, Byrne Asset Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth approximately $53,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.0%

Shares of NYSEARCA:AGG opened at $98.81 on Thursday. The firm’s 50 day moving average price is $97.86 and its 200 day moving average price is $97.77. The stock has a market cap of $128.45 billion, a price-to-earnings ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $102.04.

iShares Core U.S. Aggregate Bond ETF Company 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.