Vericrest Private Wealth Makes New Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Vericrest Private Wealth acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 72,847 shares of the company’s stock, valued at approximately $7,276,000. iShares Core U.S. Aggregate Bond ETF accounts for about 6.5% of Vericrest Private Wealth’s holdings, making the stock its 2nd largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 7.0% during the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after acquiring an additional 5,514,115 shares during the period. Bank of America Corp DE increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% in the fourth quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares during the period. US Bancorp DE increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after purchasing an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares during the last quarter. Finally, Morgan Stanley lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $98.90 on Friday. The business has a 50 day moving average price of $98.90 and a 200 day moving average price of $99.61. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.51 and a twelve month high of $101.46. The company has a market cap of $135.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.