WP Advisors LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

WP Advisors LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the first quarter, HoldingsChannel reports. The institutional investor acquired 52,430 shares of the company’s stock, valued at approximately $5,186,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.7% of WP Advisors LLC’s portfolio, making the stock its 16th largest position.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the 4th 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 increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the 4th 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. Invesco Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $9,181,000. Renaissance Technologies LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $16,870,000. Finally, Rockefeller Capital Management L.P. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 138.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 402,457 shares of the company’s stock worth $38,998,000 after purchasing an additional 233,775 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

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

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.94 on Monday. The stock has a market capitalization of $128.92 billion, a P/E ratio of 124.57 and a beta of 0.12. The company has a 50-day simple moving average of $98.35 and a 200 day simple moving average of $98.12. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $102.04.

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.