Kovack Advisors Inc. Boosts Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Kovack Advisors Inc. raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,968 shares of the company’s stock after acquiring an additional 2,686 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,098,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in AGG. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $25,000. Kozak & Associates Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $33,000. Bank of Jackson Hole Trust purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:AGG opened at $98.96 on Thursday. The company has a market capitalization of $124.69 billion, a PE ratio of 125.24 and a beta of 0.20. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The firm has a 50 day simple moving average of $97.14 and a 200-day simple moving average of $98.73.

About iShares Core U.S. Aggregate Bond ETF

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.