Concourse Financial Group Securities Inc. Boosts Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Concourse Financial Group Securities Inc. grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 247,097 shares of the company’s stock after buying an additional 12,127 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 1.3% of Concourse Financial Group Securities Inc.’s investment portfolio, making the stock its 11th largest holding. Concourse Financial Group Securities Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $23,971,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.1% during the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after purchasing an additional 7,463,618 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $7,545,901,000. Wells Fargo & Company MN raised its position in iShares Core U.S. Aggregate Bond ETF by 5.9% in the fourth quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after acquiring an additional 3,007,758 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after acquiring an additional 2,718,705 shares during the last quarter. Finally, Sagespring Wealth Partners LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $2,473,132,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $97.87 on Friday. The stock has a 50-day simple moving average of $98.25 and a two-hundred day simple moving average of $98.10. The firm has a market capitalization of $124.29 billion, a PE ratio of 126.17 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week 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.