Sagespring Wealth Partners LLC Has $2.45 Billion Position in iShares Core U.S. Aggregate Bond ETF $AGG

Sagespring Wealth Partners LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,483,419 shares of the company’s stock after buying an additional 58,325 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 19.7% of Sagespring Wealth Partners LLC’s investment portfolio, making the stock its largest position. Sagespring Wealth Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,445,404,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Wiser Advisor Group LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $29,000. North Ridge Wealth Advisors Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth $29,000. Collier Financial acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $31,000. JCIC Asset Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $32,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $40,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.8%

NYSEARCA:AGG opened at $98.66 on Friday. The stock has a fifty day simple moving average of $100.23 and a 200 day simple moving average of $100.27. The firm has a market capitalization of $136.35 billion, a price-to-earnings 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 $101.46.

About iShares Core U.S. Aggregate Bond ETF

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.