Kovack Advisors Inc. Acquires 15,060 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Kovack Advisors Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 24.5% in the 4th quarter, Holdings Channel reports. The firm owned 76,516 shares of the company’s stock after buying an additional 15,060 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,642,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blueline Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Valley National Advisers Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. First Command Advisory Services Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the period. Finally, Wiser Advisor Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $98.88 on Friday. The stock’s 50-day moving average is $98.94 and its 200-day moving average is $99.69. The company has a market cap of $135.10 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.51 and a 52-week high of $101.46.

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.