Integrated Wealth Concepts LLC Purchases 40,126 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Integrated Wealth Concepts LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 19.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 251,168 shares of the company’s stock after acquiring an additional 40,126 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,861,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AGG. Blueline Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $25,000. First Command Advisory Services Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after buying an additional 212 shares during the period. Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $29,000. North Ridge Wealth Advisors Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth approximately $29,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $96.90 on Wednesday. The stock has a 50 day moving average price of $97.66 and a 200 day moving average price of $98.69. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.72 and a 52-week high of $101.46. The firm has a market capitalization of $136.74 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.