Pioneer Wealth Management Group Invests $228,000 in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Pioneer Wealth Management Group purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,309 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds and other institutional investors have also modified their holdings of AGG. Raymond James Financial Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $7,545,901,000. Sagespring Wealth Partners LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $2,473,132,000. Ameriprise Financial Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 75.4% in the fourth quarter. Ameriprise Financial Inc. now owns 19,130,645 shares of the company’s stock valued at $1,853,830,000 after buying an additional 8,223,945 shares during the period. Jones Financial Companies Lllp lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 6.1% in the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after buying an additional 7,463,618 shares during the period. Finally, Arizona PSPRS Trust boosted its stake in iShares Core U.S. Aggregate Bond ETF by 64.2% in the fourth quarter. Arizona PSPRS Trust now owns 13,346,704 shares of the company’s stock valued at $1,293,296,000 after acquiring an additional 5,220,182 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

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $97.94 on Monday. The firm has a fifty day moving average of $97.94 and a two-hundred day moving average of $97.83. The stock has a market capitalization of $123.40 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.63 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.