HB Wealth Management LLC Has $14.50 Million Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

HB Wealth Management LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 96.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,607 shares of the company’s stock after purchasing an additional 71,866 shares during the period. HB Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $14,502,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Greenline Partners LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $31,000. MTM Investment Management LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $37,000. Godsey & Gibb Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $46,000. Byrne Asset Management LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $53,000. Finally, Navigoe LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $52,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2%

AGG opened at $98.45 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $102.04. The stock has a market capitalization of $128.28 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The business has a 50 day moving average of $98.05 and a 200-day moving average of $97.94.

iShares Core U.S. Aggregate Bond ETF 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.