Palumbo Wealth Management LLC Makes New $216,000 Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Palumbo Wealth Management LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,180 shares of the company’s stock, valued at approximately $216,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Jones Financial Companies Lllp raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% in the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after buying an additional 9,678,339 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% in the 1st quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after buying an additional 3,421,606 shares in the last quarter. Betterment LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 10.0% in the 1st quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock valued at $2,164,020,000 after buying an additional 1,983,074 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 13.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock valued at $2,086,731,000 after buying an additional 2,567,446 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 14.4% in the 1st quarter. Northern Trust Corp now owns 16,884,474 shares of the company’s stock valued at $1,670,212,000 after buying an additional 2,120,169 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:AGG opened at $100.00 on Friday. The firm has a 50 day moving average of $99.40 and a 200-day moving average of $98.54. The stock has a market capitalization of $129.75 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.56.

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.