iShares Core U.S. Aggregate Bond ETF $AGG Stock: Prentice Wealth Management LLC Grows Holdings

Prentice Wealth Management LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 723,954 shares of the company’s stock after purchasing an additional 41,754 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 13.8% of Prentice Wealth Management LLC’s portfolio, making the stock its largest holding. Prentice Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $68,443,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AGG. Iowa State Bank acquired a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth $1,636,000. Montecito Bank & Trust acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $14,385,000. Parallel Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 24.1% during the 1st quarter. Parallel Advisors LLC now owns 324,740 shares of the company’s stock worth $32,237,000 after purchasing an additional 63,067 shares during the last quarter. Stephens Inc. AR boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6.5% during the 1st quarter. Stephens Inc. AR now owns 221,227 shares of the company’s stock valued at $21,961,000 after purchasing an additional 13,414 shares during the period. Finally, Westfuller Advisors LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 36.2% during the 1st quarter. Westfuller Advisors LLC now owns 49,904 shares of the company’s stock valued at $4,954,000 after purchasing an additional 13,272 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

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

AGG traded up $0.14 during midday trading on Tuesday, reaching $95.25. The company’s stock had a trading volume of 4,088,319 shares, compared to its average volume of 9,562,646. The stock has a market cap of $138.30 billion, a P/E ratio of 124.57 and a beta of 0.26. The company has a fifty day simple moving average of $96.12 and a 200 day simple moving average of $97.73. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $93.83 and a twelve month high of $101.46.

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.