Clune & Associates LTD. Makes New $1.54 Million Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Clune & Associates LTD. 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 filing with the Securities & Exchange Commission. The institutional investor acquired 15,890 shares of the company’s stock, valued at approximately $1,540,000.

Other institutional investors and hedge funds have also modified their holdings of the company. 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 shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $33,000. Bank of Jackson Hole Trust purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $43,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1 %

AGG stock opened at $98.74 on Monday. The stock has a market capitalization of $125.40 billion, a P/E ratio of 125.34 and a beta of 0.22. The firm has a 50-day simple moving average of $97.80 and a 200-day simple moving average of $98.51. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week 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.