Golden State Wealth Management LLC Makes New $23.38 Million Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Golden State Wealth Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, Holdings Channel.com reports. The fund acquired 241,271 shares of the company’s stock, valued at approximately $23,379,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 3.5% of Golden State Wealth Management LLC’s portfolio, making the stock its 3rd largest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of AGG. Arizona PSPRS Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $822,973,000. United Services Automobile Association raised its holdings in iShares Core U.S. Aggregate Bond ETF by 105.8% in the third quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after acquiring an additional 4,694,299 shares in the last quarter. US Bancorp DE lifted its stake in iShares Core U.S. Aggregate Bond ETF by 11.1% in 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. International Assets Investment Management LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 12,022.8% during the 3rd 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 in the last quarter. Finally, Raymond James & Associates increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.5% in the 3rd quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after purchasing an additional 2,376,267 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.77 on Friday. The firm’s fifty day simple moving average is $97.40 and its 200-day simple moving average is $98.86. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month 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.