Axxcess Wealth Management LLC Raises Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Axxcess Wealth Management LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.4% during the 4th quarter, HoldingsChannel reports. The fund owned 1,786,585 shares of the company’s stock after buying an additional 75,175 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 4.2% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Axxcess Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $173,120,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Edgemoor Investment Advisors Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 91.7% during the fourth quarter. Edgemoor Investment Advisors Inc. now owns 22,577 shares of the company’s stock valued at $2,188,000 after acquiring an additional 10,802 shares during the period. Flagship Wealth Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $162,000. Arrien Investments Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $6,391,000. Curio Wealth LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $50,000. Finally, Clearwater Capital Advisors LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.8% in the 4th quarter. Clearwater Capital Advisors LLC now owns 145,715 shares of the company’s stock valued at $14,120,000 after purchasing an additional 5,298 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1 %

AGG stock opened at $98.41 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04. The firm has a market cap of $124.98 billion, a P/E ratio of 125.34 and a beta of 0.22. The business’s 50 day moving average is $97.61 and its 200-day moving average is $98.56.

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.