Sound Financial Strategies Group LLC Acquires New Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Sound Financial Strategies Group LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 294,070 shares of the company’s stock, valued at approximately $29,186,000. iShares Core U.S. Aggregate Bond ETF accounts for 24.6% of Sound Financial Strategies Group LLC’s investment portfolio, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AGG. Jones Financial Companies Lllp raised its position in iShares Core U.S. Aggregate Bond ETF by 2.9% during the third quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock worth $8,395,146,000 after acquiring an additional 2,551,739 shares during the last quarter. Raymond James & Associates raised its position in iShares Core U.S. Aggregate Bond ETF by 1.7% during the fourth quarter. Raymond James & Associates now owns 63,061,225 shares of the company’s stock worth $6,258,826,000 after acquiring an additional 1,072,797 shares during the last quarter. US Bancorp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 9.9% during the third quarter. US Bancorp DE now owns 25,936,364 shares of the company’s stock worth $2,438,642,000 after acquiring an additional 2,346,840 shares during the last quarter. Morgan Stanley raised its position in iShares Core U.S. Aggregate Bond ETF by 1.8% during the third quarter. Morgan Stanley now owns 25,070,989 shares of the company’s stock worth $2,357,676,000 after acquiring an additional 440,988 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 120.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock worth $1,706,332,000 after acquiring an additional 9,923,920 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG traded down $0.25 during midday trading on Wednesday, reaching $95.39. 7,960,989 shares of the company’s stock were exchanged, compared to its average volume of 9,305,825. The business’s 50-day moving average price is $96.98 and its 200 day moving average price is $96.63. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $91.58 and a 1-year high of $100.42.

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.