IFS Group LLC Buys New Stake in iShares Core U.S. Aggregate Bond ETF $AGG

IFS Group LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 28,059 shares of the company’s stock, valued at approximately $2,785,000. iShares Core U.S. Aggregate Bond ETF makes up about 2.5% of IFS Group LLC’s portfolio, making the stock its 8th largest holding.

Several other institutional investors also recently bought and sold shares of the company. Guardian Partners Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 12.6% in the 1st quarter. Guardian Partners Inc. now owns 8,353 shares of the company’s stock worth $830,000 after purchasing an additional 932 shares in the last quarter. Talon Private Wealth LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at about $607,000. Royal Bank of Canada raised its stake in iShares Core U.S. Aggregate Bond ETF by 39.2% in the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after buying an additional 1,898,484 shares during the last quarter. Evercore Wealth Management LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.0% in the first quarter. Evercore Wealth Management LLC now owns 41,343 shares of the company’s stock valued at $4,104,000 after buying an additional 407 shares during the last quarter. Finally, Glen Eagle Advisors LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 50.8% in the first quarter. Glen Eagle Advisors LLC now owns 6,545 shares of the company’s stock worth $650,000 after acquiring an additional 2,206 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $97.92 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.27 and a fifty-two week high of $101.46. The firm has a market capitalization of $138.23 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The stock’s 50-day simple moving average is $98.45 and its 200-day simple moving average is $99.28.

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.