Reicon Wealth Advisors LLC Invests $1.76 Million in iShares Core U.S. Aggregate Bond ETF $AGG

Reicon Wealth Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,606 shares of the company’s stock, valued at approximately $1,758,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.3% of Reicon Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGG. Brighton Jones LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after purchasing an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after purchasing an additional 3,044 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter worth approximately $111,000. Ieq Capital LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 9.9% during the second quarter. Ieq Capital LLC now owns 47,381 shares of the company’s stock worth $4,700,000 after purchasing an additional 4,269 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in iShares Core U.S. Aggregate Bond ETF by 7.6% during the second quarter. Quantinno Capital Management LP now owns 13,419 shares of the company’s stock worth $1,331,000 after purchasing an additional 943 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1%

NYSEARCA:AGG traded up $0.13 during midday trading on Thursday, hitting $99.09. 808,954 shares of the stock were exchanged, compared to its average volume of 9,853,440. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.66 and a one year high of $101.46. The company has a market capitalization of $135.43 billion, a price-to-earnings ratio of 124.57 and a beta of 0.27. The business has a 50-day moving average price of $99.71 and a two-hundred day moving average price of $100.09.

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.