OFS Enterprise LLC Acquires 10,772 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

OFS Enterprise LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.0% in the second quarter, HoldingsChannel reports. The firm owned 129,872 shares of the company’s stock after buying an additional 10,772 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 3.3% of OFS Enterprise LLC’s holdings, making the stock its 7th biggest holding. OFS Enterprise LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $12,855,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after buying an additional 5,514,115 shares during the period. Bank of America Corp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after acquiring an additional 15,923,080 shares in the last quarter. US Bancorp DE lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after acquiring an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in iShares Core U.S. Aggregate Bond ETF by 9.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $97.43 on Friday. The company has a 50 day moving average price of $98.31 and a 200-day moving average price of $99.15. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.12 and a 1-year high of $101.46. The firm has a market cap of $137.48 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.