Kestra Advisory Services LLC Purchases 70,046 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Kestra Advisory Services LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 609,012 shares of the company’s stock after buying an additional 70,046 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $60,457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGG. Money Concepts Capital Corp grew its stake in iShares Core U.S. Aggregate Bond ETF by 1.9% in the first quarter. Money Concepts Capital Corp now owns 127,502 shares of the company’s stock valued at $12,657,000 after acquiring an additional 2,438 shares during the period. ES4 LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.6% in the first quarter. ES4 LLC now owns 154,657 shares of the company’s stock worth $15,353,000 after acquiring an additional 986 shares in the last quarter. Beam Wealth Advisors Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 97.4% during the first quarter. Beam Wealth Advisors Inc. now owns 30,588 shares of the company’s stock worth $3,036,000 after purchasing an additional 15,090 shares during the period. Isthmus Partners LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $665,000. Finally, Cooksen Wealth LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.1% during the 1st quarter. Cooksen Wealth LLC now owns 28,482 shares of the company’s stock valued at $2,827,000 after purchasing an additional 1,393 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $98.18 on Friday. The stock has a 50 day simple moving average of $98.67 and a 200 day simple moving average of $99.48. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.51 and a 52-week high of $101.46. The firm has a market capitalization of $137.76 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.