Tiemann Investment Advisors LLC Acquires 3,504 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Tiemann Investment Advisors LLC raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 156,762 shares of the company’s stock after acquiring an additional 3,504 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 6.8% of Tiemann Investment Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Tiemann Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $15,190,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in AGG. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $25,000. Kozak & Associates Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $33,000. Bank of Jackson Hole Trust bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $43,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $98.35 on Monday. The business has a 50 day simple moving average of $97.42 and a 200 day simple moving average of $98.65. The firm has a market capitalization of $123.92 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month 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.