SCS Capital Management LLC Increases Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

SCS Capital Management LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 318.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 613,113 shares of the company’s stock after acquiring an additional 466,651 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 0.6% of SCS Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. SCS Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $61,238,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blueline Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. Cresta Advisors Ltd. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. Valley National Advisers Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $29,000. Finally, North Ridge Wealth Advisors Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $29,000. 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 iShares Core U.S. Aggregate Bond ETF stock opened at $99.06 on Monday. The business has a 50-day moving average of $99.02 and a 200 day moving average of $99.80. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.23 and a 12 month high of $101.46. The stock has a market capitalization of $135.35 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.