NFP Retirement Inc. Grows Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

NFP Retirement Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 630,290 shares of the company’s stock after buying an additional 4,729 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 4.8% of NFP Retirement Inc.’s investment portfolio, making the stock its 3rd largest position. NFP Retirement Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $61,075,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in AGG. Concorde Asset Management LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 7.9% during the fourth quarter. Concorde Asset Management LLC now owns 2,545 shares of the company’s stock valued at $247,000 after acquiring an additional 186 shares during the last quarter. Schiavi & Co LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 6.0% in the 4th quarter. Schiavi & Co LLC now owns 16,876 shares of the company’s stock worth $1,635,000 after purchasing an additional 955 shares in the last quarter. Coign Capital Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $3,851,000. Tandem Wealth Advisors LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 8.1% in the fourth quarter. Tandem Wealth Advisors LLC now owns 394,544 shares of the company’s stock valued at $38,231,000 after buying an additional 29,609 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 41.4% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 12,181 shares of the company’s stock worth $1,180,000 after acquiring an additional 3,567 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.8 %

AGG opened at $97.14 on Friday. The company has a market cap of $123.37 billion, a P/E ratio of 126.17 and a beta of 0.24. The firm’s 50-day moving average price is $98.24 and its 200-day moving average price is $98.20. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04.

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.