FFT Wealth Management LLC cut its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,725 shares of the company’s stock after selling 601 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 0.6% of FFT Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. FFT Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,307,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. Kozak & Associates Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $33,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $35,000. Stonebridge Financial Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $43,000. Finally, Bank of New Hampshire increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 71.7% during the 4th quarter. Bank of New Hampshire now owns 455 shares of the company’s stock valued at $44,000 after acquiring an additional 190 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.
iShares Core U.S. Aggregate Bond ETF Stock Up 0.6 %
AGG opened at $98.80 on Wednesday. The firm has a market capitalization of $124.49 billion, a P/E ratio of 125.24 and a beta of 0.20. The stock’s 50 day moving average price is $97.10 and its two-hundred day moving average price is $98.73. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 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.
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