Brown Advisory Inc. Raises Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Brown Advisory Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 227,385 shares of the company’s stock after buying an additional 30,439 shares during the period. Brown Advisory Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $22,034,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of AGG. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $33,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $35,000. Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $43,000. Finally, Bank of New Hampshire grew its stake in iShares Core U.S. Aggregate Bond ETF by 71.7% during the 4th quarter. Bank of New Hampshire now owns 455 shares of the company’s stock worth $44,000 after buying an additional 190 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $98.02 on Wednesday. The company has a fifty day moving average price of $98.34 and a 200 day moving average price of $97.93. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.63 and a 12 month high of $102.04. The company has a market cap of $122.53 billion, a price-to-earnings ratio of 124.85 and a beta of 0.24.

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.