Sun Financial Inc Purchases Shares of 16,176 iShares Core U.S. Aggregate Bond ETF $AGG

Sun Financial Inc purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, HoldingsChannel reports. The firm purchased 16,176 shares of the company’s stock, valued at approximately $1,616,000. iShares Core U.S. Aggregate Bond ETF accounts for about 0.9% of Sun Financial Inc’s holdings, making the stock its 27th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Wiser Advisor Group LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $29,000. North Ridge Wealth Advisors Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth about $29,000. Collier Financial purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $31,000. Finally, JCIC Asset Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $32,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $98.90 on Monday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.66 and a 52 week high of $101.46. The company has a market capitalization of $135.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The stock’s 50-day moving average price is $99.68 and its 200-day moving average price is $100.08.

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.