Professional Financial Advisors LLC Increases Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Professional Financial Advisors LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 682,154 shares of the company’s stock after purchasing an additional 6,796 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 14.4% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Professional Financial Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $68,386,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in AGG. Angeles Investment Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $26,000. North Ridge Wealth Advisors Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $29,000. Evolution Wealth Management Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $40,000. Transce3nd LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% in the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after purchasing an additional 222 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 509.3% during the 3rd quarter. GAMMA Investing LLC now owns 524 shares of the company’s stock worth $53,000 after buying an additional 438 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $100.05 on Friday. The firm has a 50 day simple moving average of $100.15 and a 200 day simple moving average of $99.80. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.15 and a fifty-two week high of $101.35. The company has a market cap of $136.60 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.