L.K. Benson & Company P.C. Makes New Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

L.K. Benson & Company P.C. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 19,364 shares of the company’s stock, valued at approximately $1,876,000. iShares Core U.S. Aggregate Bond ETF accounts for about 1.3% of L.K. Benson & Company P.C.’s holdings, making the stock its 18th largest position.

A number of other hedge funds have also added to or reduced their stakes in the stock. Koss Olinger Consulting LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 10.7% in the 4th quarter. Koss Olinger Consulting LLC now owns 327,225 shares of the company’s stock worth $31,708,000 after purchasing an additional 31,595 shares during the period. Compass Ion Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 2.6% during the fourth quarter. Compass Ion Advisors LLC now owns 36,301 shares of the company’s stock valued at $3,518,000 after purchasing an additional 903 shares during the period. Forbes Financial Planning Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 3.7% during the 4th quarter. Forbes Financial Planning Inc. now owns 79,470 shares of the company’s stock worth $7,701,000 after acquiring an additional 2,808 shares during the period. PDS Planning Inc lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 6.7% during the fourth quarter. PDS Planning Inc now owns 687,306 shares of the company’s stock valued at $66,600,000 after purchasing an additional 43,036 shares in the last quarter. Finally, Passaic Partners LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.8% in the fourth quarter. Passaic Partners LLC now owns 342,634 shares of the company’s stock worth $33,201,000 after purchasing an additional 49,229 shares in 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

AGG opened at $98.51 on Wednesday. The stock has a market cap of $125.11 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22. The firm’s fifty day moving average is $97.65 and its 200 day moving average is $98.55. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04.

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.