Shakespeare Wealth Management LLC Acquires Shares of 338,563 iShares Core U.S. Aggregate Bond ETF $AGG

Shakespeare Wealth Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 338,563 shares of the company’s stock, valued at approximately $33,941,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 7.7% of Shakespeare Wealth Management LLC’s portfolio, making the stock its 3rd largest position.

Several other hedge funds also recently added to or reduced their stakes in the stock. Cultivar Capital Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.3% in the third quarter. Cultivar Capital Inc. now owns 239,111 shares of the company’s stock valued at $23,971,000 after acquiring an additional 7,750 shares during the last quarter. Ellenbecker Investment Group grew its position in iShares Core U.S. Aggregate Bond ETF by 8.5% during the 3rd quarter. Ellenbecker Investment Group now owns 648,841 shares of the company’s stock worth $65,046,000 after acquiring an additional 50,564 shares during the last quarter. CX Institutional increased its holdings in iShares Core U.S. Aggregate Bond ETF by 205.4% during the 3rd quarter. CX Institutional now owns 157,491 shares of the company’s stock valued at $15,788,000 after purchasing an additional 105,924 shares in the last quarter. Fulton Breakefield Broenniman LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 1.9% in the 3rd quarter. Fulton Breakefield Broenniman LLC now owns 384,827 shares of the company’s stock valued at $38,579,000 after purchasing an additional 7,345 shares during the last quarter. Finally, CVA Family Office LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 8.2% in the third quarter. CVA Family Office LLC now owns 113,857 shares of the company’s stock worth $11,414,000 after purchasing an additional 8,593 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $99.69 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.35. The stock has a market capitalization of $137.67 billion, a PE ratio of 124.57 and a beta of 0.25. The stock’s fifty day moving average is $100.11 and its 200-day moving average is $99.96.

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.