Founders Financial Securities LLC Buys 12,909 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Founders Financial Securities LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 289,486 shares of the company’s stock after purchasing an additional 12,909 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 1.7% of Founders Financial Securities LLC’s portfolio, making the stock its 11th biggest position. Founders Financial Securities LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $28,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Uhlmann Price Securities LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $2,462,000. Diversified Trust Co increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.4% during the 1st quarter. Diversified Trust Co now owns 240,736 shares of the company’s stock valued at $23,898,000 after purchasing an additional 5,537 shares during the last quarter. Aventus Investment Advisors Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.7% during the 1st quarter. Aventus Investment Advisors Inc. now owns 93,900 shares of the company’s stock valued at $9,321,000 after purchasing an additional 2,438 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 19,594 shares of the company’s stock valued at $1,945,000 after purchasing an additional 823 shares during the last quarter. Finally, Purpose Unlimited Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $2,264,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $98.90 on Friday. The company has a market cap of $135.13 billion, a PE ratio of 124.57 and a beta of 0.25. The business has a fifty day moving average of $98.90 and a 200 day moving average of $99.61. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.51 and a 52-week high of $101.46.

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.