Beam Wealth Advisors Inc. Purchases 15,090 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Beam Wealth Advisors Inc. grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 97.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,588 shares of the company’s stock after purchasing an additional 15,090 shares during the period. Beam Wealth Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,036,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Valley National Advisers Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. Blueline Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. First Command Advisory Services Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

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

NYSEARCA AGG opened at $98.04 on Thursday. The firm’s 50 day moving average is $98.69 and its 200-day moving average is $99.49. The company has a market capitalization of $137.56 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.51 and a 12-month high of $101.46.

iShares Core U.S. Aggregate Bond ETF Company 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.