Genesis Wealth Advisors LLC Makes New $842,000 Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Genesis Wealth Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 8,687 shares of the company’s stock, valued at approximately $842,000. iShares Core U.S. Aggregate Bond ETF makes up 0.7% of Genesis Wealth Advisors LLC’s portfolio, making the stock its 27th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in the company. Arizona PSPRS Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $822,973,000. United Services Automobile Association boosted its stake in shares of 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 buying an additional 4,694,299 shares in the last quarter. Constellation Investments Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $431,100,000. US Bancorp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 11.1% during 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 period. Finally, Balentine LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 86.4% during the third quarter. Balentine LLC now owns 4,580,986 shares of the company’s stock worth $463,916,000 after acquiring an additional 2,123,395 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.4 %

Shares of AGG stock opened at $98.02 on Monday. The business’s fifty day moving average price is $97.08 and its 200 day moving average price is $98.74. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04.

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.