Passaic Partners LLC Increases Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Passaic Partners LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 342,634 shares of the company’s stock after acquiring an additional 49,229 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 4.8% of Passaic Partners LLC’s holdings, making the stock its 4th biggest position. Passaic Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $33,201,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $25,000. Kozak & Associates Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $33,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $35,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $43,000. Institutional investors own 83.63% of the company’s stock.

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

AGG opened at $98.41 on Tuesday. The company has a market capitalization of $124.98 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22. The firm has a 50-day moving average price of $97.61 and a 200-day moving average price of $98.56. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month 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.