iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Purchased by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,624 shares of the company’s stock after purchasing an additional 3,458 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,749,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 90,331.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 62,881,813 shares of the company’s stock valued at $6,098,907,000 after acquiring an additional 62,812,278 shares during the period. Bank of America Corp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 34.1% during the fourth quarter. Bank of America Corp DE now owns 40,024,464 shares of the company’s stock valued at $3,881,973,000 after acquiring an additional 10,183,968 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 18.6% during the first quarter. Envestnet Asset Management Inc. now owns 41,245,264 shares of the company’s stock valued at $4,109,678,000 after acquiring an additional 6,466,535 shares during the period. First Citizens Bank & Trust Co. grew its position in iShares Core U.S. Aggregate Bond ETF by 1,250.7% during the first quarter. First Citizens Bank & Trust Co. now owns 6,163,802 shares of the company’s stock valued at $614,161,000 after acquiring an additional 5,707,468 shares during the period. Finally, US Bancorp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 31.6% during the first quarter. US Bancorp DE now owns 21,776,403 shares of the company’s stock valued at $2,169,801,000 after acquiring an additional 5,226,719 shares during the period. 83.21% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock traded up $0.05 during trading on Friday, reaching $95.78. 4,774,309 shares of the stock traded hands, compared to its average volume of 7,392,611. The business’s 50 day moving average price is $96.72 and its 200-day moving average price is $97.98. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.20 and a 52-week high of $101.15.

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.