Axis Wealth Partners LLC Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Axis Wealth Partners LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 26,317 shares of the company’s stock, valued at approximately $2,550,000. iShares Core U.S. Aggregate Bond ETF makes up about 2.1% of Axis Wealth Partners LLC’s investment portfolio, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. Kozak & Associates Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $33,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $35,000. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $43,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $98.35 on Friday. The company has a market cap of $123.92 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. The stock’s fifty day moving average price is $97.42 and its 200 day moving average price is $98.66. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year 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.