iShares Core U.S. Aggregate Bond ETF $AGG Stock: Welch & Forbes LLC Grows Holdings

Welch & Forbes LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 31.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 55,803 shares of the company’s stock after purchasing an additional 13,426 shares during the quarter. Welch & Forbes LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,276,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AGG. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $27,000. Asset Dedication LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $27,000. Main Street Group LTD bought a new position in iShares Core U.S. Aggregate Bond ETF during the first quarter valued at about $30,000. JCIC Asset Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $30,000. Finally, John Boyer Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $33,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.0%

NYSEARCA:AGG opened at $96.58 on Tuesday. The business’s 50-day moving average price is $95.69 and its 200 day moving average price is $98.15. The firm has a market cap of $139.20 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46.

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.