KFA Private Wealth Group LLC Has $3.81 Million Stake in iShares Core U.S. Aggregate Bond ETF $AGG

KFA Private Wealth Group LLC lowered its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 53.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,468 shares of the company’s stock after selling 43,907 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 1.0% of KFA Private Wealth Group LLC’s portfolio, making the stock its 22nd largest holding. KFA Private Wealth Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AGG. Raymond James Financial Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 7.0% during the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares in the last quarter. Bank of America Corp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after purchasing an additional 15,923,080 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.1% in the fourth 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 in the last quarter. Morgan Stanley boosted its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% in the fourth 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 in the last quarter. Finally, Betterment LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6.9% in the fourth quarter. Betterment LLC now owns 26,255,484 shares of the company’s stock worth $2,622,398,000 after purchasing an additional 1,687,004 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $96.77 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.75 and a 52 week high of $101.46. The stock has a market capitalization of $136.55 billion, a PE ratio of 124.57 and a beta of 0.25. The stock’s fifty day moving average is $97.89 and its 200-day moving average is $98.83.

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.