Kestra Advisory Services LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 13.0% during the 1st quarter, Holdings Channel reports. The firm owned 609,012 shares of the company’s stock after purchasing an additional 70,046 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $60,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 7.0% in the fourth 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 boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% during the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after acquiring an additional 7,411,242 shares during the period. US Bancorp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after acquiring an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% during 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 acquiring an additional 3,032,433 shares during the last quarter. Finally, Morgan Stanley increased its holdings 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 acquiring an additional 1,245,217 shares during the last quarter. 83.63% of the stock is owned by institutional investors.
iShares Core U.S. Aggregate Bond ETF Trading Up 0.1%
AGG opened at $98.18 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.51 and a 1-year high of $101.46. The stock’s fifty day simple moving average is $98.67 and its 200 day simple moving average is $99.48. The stock has a market cap of $137.76 billion, a PE 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.
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