NewEdge Wealth LLC Has $29.56 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

NewEdge Wealth LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 19.8% during the third quarter, HoldingsChannel.com reports. The fund owned 295,988 shares of the company’s stock after purchasing an additional 48,997 shares during the period. NewEdge Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $29,560,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings 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 valued at $967,000 after acquiring an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth 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 during the period. Whittier Trust Co. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.7% in the 2nd quarter. Whittier Trust Co. now owns 92,050 shares of the company’s stock valued at $9,131,000 after acquiring an additional 26,159 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.5% during the second quarter. Cullen Frost Bankers Inc. now owns 468,528 shares of the company’s stock valued at $46,478,000 after purchasing an additional 28,526 shares during the period. Finally, Members Trust Co grew its stake in iShares Core U.S. Aggregate Bond ETF by 2.4% in the second quarter. Members Trust Co now owns 5,452,801 shares of the company’s stock valued at $540,918,000 after acquiring an additional 130,238 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG opened at $100.86 on Thursday. The stock has a market capitalization of $139.39 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.35. The company has a 50-day moving average price of $100.13 and a 200-day moving average price of $100.11.

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.