Elevation Point Wealth Partners LLC Boosts Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Elevation Point Wealth Partners LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2,446.1% in the third quarter, HoldingsChannel reports. The fund owned 120,762 shares of the company’s stock after acquiring an additional 116,019 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 0.8% of Elevation Point Wealth Partners LLC’s holdings, making the stock its 23rd largest holding. Elevation Point Wealth Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $12,106,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AGG. Brighton Jones LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after purchasing an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after buying an additional 3,044 shares in the last quarter. Fiera Capital Corp boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.1% in the 2nd quarter. Fiera Capital Corp now owns 9,815 shares of the company’s stock worth $974,000 after buying an additional 105 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.0% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,987,632 shares of the company’s stock worth $395,573,000 after buying an additional 39,210 shares during the period. Finally, Meridian Wealth Management LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 6.7% in the 2nd quarter. Meridian Wealth Management LLC now owns 20,132 shares of the company’s stock worth $1,997,000 after buying an additional 1,263 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

NYSEARCA:AGG opened at $99.21 on Friday. The business’s 50-day simple moving average is $100.30 and its two-hundred day simple moving average is $100.28. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.46. The stock has a market cap of $137.11 billion, a PE ratio of 124.57 and a beta of 0.25.

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.