Freedom Investment Management Inc. Buys 14,531 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Freedom Investment Management Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 187,319 shares of the company’s stock after acquiring an additional 14,531 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 1.5% of Freedom Investment Management Inc.’s investment portfolio, making the stock its 10th biggest position. Freedom Investment Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $18,151,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its position in iShares Core U.S. Aggregate Bond ETF by 6.1% in the 4th quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after acquiring an additional 7,463,618 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $7,545,901,000. Wells Fargo & Company MN increased its holdings in iShares Core U.S. Aggregate Bond ETF by 5.9% in the fourth quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock valued at $5,216,733,000 after purchasing an additional 3,007,758 shares during the period. Envestnet Asset Management Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 5.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after purchasing an additional 2,718,705 shares during the last quarter. Finally, Sagespring Wealth Partners LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $2,473,132,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3 %

NYSEARCA AGG opened at $97.87 on Friday. The firm has a market capitalization of $124.29 billion, a PE ratio of 126.17 and a beta of 0.24. The business’s 50-day moving average price is $98.25 and its two-hundred day moving average price is $98.10. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 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.