Farrow Financial Inc. Invests $301,000 in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Farrow Financial Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,104 shares of the company’s stock, valued at approximately $301,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Jones Financial Companies Lllp boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 6.1% in the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after purchasing an additional 7,463,618 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $7,545,901,000. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock valued at $1,321,453,000 after purchasing an additional 230,711 shares in the last quarter. WealthNavi Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 2.1% in the fourth quarter. WealthNavi Inc. now owns 10,070,637 shares of the company’s stock valued at $975,845,000 after purchasing an additional 207,960 shares in the last quarter. Finally, United Services Automobile Association boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 105.8% in the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after purchasing an additional 4,694,299 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1 %

Shares of AGG opened at $98.35 on Friday. The stock has a 50 day moving average price of $97.42 and a 200 day moving average price of $98.66. The company has a market capitalization of $123.92 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04.

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.