Simplify Asset Management Inc. Boosts Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Simplify Asset Management Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 64.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,319,638 shares of the company’s stock after acquiring an additional 909,907 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 11.1% of Simplify Asset Management Inc.’s holdings, making the stock its 2nd biggest position. Simplify Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $224,773,000 at the end of the most recent reporting period.

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

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

NYSEARCA AGG opened at $98.74 on Friday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The business has a 50-day moving average price of $97.80 and a 200-day moving average price of $98.53. The firm has a market cap of $125.40 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22.

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.