iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 128.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 253,365 shares of the company’s stock after acquiring an additional 142,399 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 0.7% of Mutual Advisors LLC’s holdings, making the stock its 16th biggest position. Mutual Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,982,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of AGG. Raymond James Financial Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $7,545,901,000. Wells Fargo & Company MN increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.9% during the 4th quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after purchasing an additional 3,007,758 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock valued at $4,999,828,000 after buying an additional 2,718,705 shares during the period. Bank of America Corp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 9.9% during the fourth quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock worth $4,240,174,000 after acquiring an additional 3,944,353 shares during the last quarter. Finally, Sagespring Wealth Partners LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $2,473,132,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

NYSEARCA:AGG opened at $98.67 on Thursday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $102.04. The company has a market cap of $128.08 billion, a P/E ratio of 124.57 and a beta of 0.12. The firm’s 50 day moving average is $97.99 and its two-hundred day moving average is $97.79.

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.