iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is Summit Wealth Group LLC’s 10th Largest Position

Summit Wealth Group LLC lessened its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 100,099 shares of the company’s stock after selling 2,756 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 2.8% of Summit Wealth Group LLC’s holdings, making the stock its 10th largest holding. Summit Wealth Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $9,700,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of AGG. Arizona PSPRS Trust purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $822,973,000. United Services Automobile Association raised its position in iShares Core U.S. Aggregate Bond ETF by 105.8% in the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock worth $924,510,000 after buying an additional 4,694,299 shares during the last quarter. Constellation Investments Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $431,100,000. US Bancorp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 11.1% in the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after buying an additional 3,717,053 shares during the last quarter. Finally, Balentine LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 86.4% in the 3rd quarter. Balentine LLC now owns 4,580,986 shares of the company’s stock worth $463,916,000 after buying an additional 2,123,395 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $98.80 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04. The business has a 50-day simple moving average of $97.10 and a two-hundred day simple moving average of $98.73. The firm has a market cap of $124.49 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20.

About iShares Core U.S. Aggregate Bond ETF

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.