Evergreen Advisors LLC Invests $809,000 in iShares Core U.S. Aggregate Bond ETF $AGG

Evergreen Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,101 shares of the company’s stock, valued at approximately $809,000. iShares Core U.S. Aggregate Bond ETF accounts for about 0.2% of Evergreen Advisors LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other institutional investors have also recently bought and sold shares of AGG. Valley National Advisers Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% in the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Cresta Advisors Ltd. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Wiser Advisor Group LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $29,000. North Ridge Wealth Advisors Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $29,000. Finally, Collier Financial purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $31,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $98.02 on Monday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.66 and a 1 year high of $101.46. The firm has a 50 day moving average price of $99.29 and a 200 day moving average price of $99.93. The company has a market cap of $133.92 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.