Steinberganna Wealth Management Takes $1.79 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Steinberganna Wealth Management acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,801 shares of the company’s stock, valued at approximately $1,785,000. iShares Core U.S. Aggregate Bond ETF makes up 0.8% of Steinberganna Wealth Management’s portfolio, making the stock its 24th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Angeles Investment Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $26,000. North Ridge Wealth Advisors Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $29,000. Transce3nd LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% in the second quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after buying an additional 222 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 509.3% during the 3rd quarter. GAMMA Investing LLC now owns 524 shares of the company’s stock valued at $53,000 after buying an additional 438 shares during the period. Finally, IMA Advisory Services Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $60,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

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

NYSEARCA AGG opened at $99.94 on Friday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $101.35. The business has a 50 day moving average price of $100.15 and a two-hundred day moving average price of $99.75. The stock has a market cap of $136.20 billion, a PE ratio of 124.57 and a beta of 0.25.

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.