Palacios Wealth Management LLC Invests $226,000 in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Palacios Wealth Management LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,339 shares of the company’s stock, valued at approximately $226,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Arizona PSPRS Trust bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $822,973,000. United Services Automobile Association boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% during the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock worth $924,510,000 after acquiring an additional 4,694,299 shares during the last quarter. Constellation Investments Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $431,100,000. US Bancorp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.1% during the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after acquiring an additional 3,717,053 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 12,022.8% during the third quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock worth $244,418,000 after acquiring an additional 2,393,623 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $97.34 on Friday. The firm has a fifty day moving average price of $97.24 and a 200 day moving average price of $98.83. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04.

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.