Dearborn Partners LLC Purchases 11,809 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Dearborn Partners LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 65.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 29,888 shares of the company’s stock after buying an additional 11,809 shares during the quarter. Dearborn Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,985,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. XML Financial LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.2% in the fourth quarter. XML Financial LLC now owns 63,505 shares of the company’s stock valued at $6,343,000 after acquiring an additional 8,863 shares during the last quarter. Nemes Rush Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $104,000. Greykasell Wealth Strategies Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 2.3% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 96,203 shares of the company’s stock valued at $9,609,000 after acquiring an additional 2,195 shares during the last quarter. Lowe Brockenbrough & Co. Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 445,167 shares of the company’s stock valued at $44,463,000 after acquiring an additional 66,280 shares during the last quarter. Finally, LCW Services LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $427,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.5%

NYSEARCA:AGG opened at $98.17 on Friday. The firm has a 50 day moving average of $98.98 and a 200-day moving average of $99.74. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.25 and a 1 year high of $101.46. The stock has a market capitalization of $134.13 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.