Brass Tax Wealth Management Inc. Acquires 20,666 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Brass Tax Wealth Management Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 36.8% during the third quarter, Holdings Channel.com reports. The firm owned 76,770 shares of the company’s stock after acquiring an additional 20,666 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 1.3% of Brass Tax Wealth Management Inc.’s portfolio, making the stock its 18th biggest position. Brass Tax Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,696,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in AGG. Angeles Investment Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $26,000. North Ridge Wealth Advisors Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth about $29,000. Collier Financial bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $31,000. JCIC Asset Management Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $32,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $40,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $99.21 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.15 and a 52-week high of $101.46. The company has a market cap of $137.11 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock’s 50-day simple moving average is $100.30 and its 200 day simple moving average is $100.28.

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.