Elite Financial Inc. Makes New $133,000 Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Elite Financial Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,350 shares of the company’s stock, valued at approximately $133,000.

Other institutional investors have also recently made changes to their positions in the company. Sagespring Wealth Partners LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $2,473,132,000. Ameriprise Financial Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 75.4% in the 4th quarter. Ameriprise Financial Inc. now owns 19,130,645 shares of the company’s stock worth $1,853,830,000 after purchasing an additional 8,223,945 shares during the period. Arizona PSPRS Trust grew its holdings in iShares Core U.S. Aggregate Bond ETF by 64.2% in the 4th quarter. Arizona PSPRS Trust now owns 13,346,704 shares of the company’s stock worth $1,293,296,000 after acquiring an additional 5,220,182 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.9% in the 4th quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock worth $4,240,174,000 after acquiring an additional 3,944,353 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in iShares Core U.S. Aggregate Bond ETF by 5.9% in the 4th quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after acquiring an additional 3,007,758 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.47 on Friday. The firm has a market cap of $128.53 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $102.04. The company’s fifty day simple moving average is $97.99 and its two-hundred day simple moving average is $97.79.

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.