PKS Advisory Services LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

PKS Advisory Services LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, HoldingsChannel reports. The fund acquired 46,857 shares of the company’s stock, valued at approximately $4,540,000. iShares Core U.S. Aggregate Bond ETF accounts for 1.2% of PKS Advisory Services LLC’s holdings, making the stock its 11th biggest holding.

Other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp increased its stake 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. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $7,545,901,000. Wealth Enhancement Advisory Services LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock worth $1,321,453,000 after buying an additional 230,711 shares during the period. WealthNavi Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 2.1% during the fourth quarter. WealthNavi Inc. now owns 10,070,637 shares of the company’s stock worth $975,845,000 after acquiring an additional 207,960 shares in the last quarter. Finally, LPL Financial LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 16.7% in the fourth quarter. LPL Financial LLC now owns 9,271,415 shares of the company’s stock valued at $898,400,000 after acquiring an additional 1,328,631 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $98.36 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $94.85 and a one year high of $102.04. The firm has a market cap of $124.92 billion, a P/E ratio of 125.34 and a beta of 0.22. The stock’s 50-day moving average is $97.85 and its 200-day moving average is $98.49.

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.