Beam Wealth Advisors Inc. Takes $1.20 Million Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Beam Wealth Advisors Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 12,396 shares of the company’s stock, valued at approximately $1,203,000.

A number of other large investors have also added to or reduced their stakes in the stock. Vawter Financial Ltd. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.9% during the 2nd quarter. Vawter Financial Ltd. now owns 11,001 shares of the company’s stock valued at $1,068,000 after acquiring an additional 100 shares during the period. Bank Hapoalim BM raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% in the second quarter. Bank Hapoalim BM now owns 8,782 shares of the company’s stock valued at $852,000 after purchasing an additional 106 shares in the last quarter. CGN Advisors LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 0.4% in the first quarter. CGN Advisors LLC now owns 25,898 shares of the company’s stock valued at $2,536,000 after purchasing an additional 107 shares in the last quarter. Ruedi Wealth Management Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 44.8% during the first quarter. Ruedi Wealth Management Inc. now owns 346 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the period. Finally, Cambridge Advisors Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 1.7% during the second quarter. Cambridge Advisors Inc. now owns 6,458 shares of the company’s stock worth $627,000 after buying an additional 108 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $101.34 on Tuesday. The company’s 50-day moving average price is $99.26 and its two-hundred day moving average price is $97.69. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $101.60.

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.