Proficio Capital Partners LLC Buys 4,428,207 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Proficio Capital Partners LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2,980.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,576,801 shares of the company’s stock after purchasing an additional 4,428,207 shares during the period. Proficio Capital Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $443,492,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AGG. Gateway Wealth Partners LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 26.4% during the third quarter. Gateway Wealth Partners LLC now owns 3,364 shares of the company’s stock valued at $341,000 after purchasing an additional 703 shares in the last quarter. Strategic Blueprint LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 6.1% during the third quarter. Strategic Blueprint LLC now owns 12,876 shares of the company’s stock valued at $1,304,000 after purchasing an additional 739 shares in the last quarter. Fidelis Capital Partners LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $1,144,000. Eagle Strategies LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 18.3% during the third quarter. Eagle Strategies LLC now owns 97,066 shares of the company’s stock valued at $9,830,000 after purchasing an additional 14,991 shares in the last quarter. Finally, Childress Capital Advisors LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.0% in the third quarter. Childress Capital Advisors LLC now owns 7,250 shares of the company’s stock valued at $734,000 after acquiring an additional 409 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2 %

Shares of AGG opened at $98.96 on Thursday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The company has a market cap of $124.69 billion, a P/E ratio of 125.24 and a beta of 0.20. The company’s fifty day simple moving average is $97.14 and its 200-day simple moving average is $98.73.

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.