iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 31,968 shares of the company’s stock after buying an additional 2,686 shares during the period. Kovack Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of AGG. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Kozak & Associates Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $33,000. Bank of Jackson Hole Trust acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $43,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $98.96 on Thursday. The stock has a market capitalization of $124.69 billion, a P/E ratio of 125.24 and a beta of 0.20. The company’s fifty day moving average is $97.14 and its two-hundred day moving average is $98.73. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year 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.