Diversified Enterprises LLC Has $11.83 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Diversified Enterprises LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 122,104 shares of the company’s stock after buying an additional 7,526 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.1% of Diversified Enterprises LLC’s holdings, making the stock its 13th largest position. Diversified Enterprises LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $11,832,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Kozak & Associates Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $33,000. Bank of Jackson Hole Trust bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $35,000. Finally, Stonebridge Financial Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $98.28 on Friday. The stock has a fifty day moving average price of $97.58 and a two-hundred day moving average price of $98.60. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04. The company has a market cap of $123.83 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20.

iShares Core U.S. Aggregate Bond ETF Company 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.