Brown Advisory Inc. Raises Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Brown Advisory Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 27.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 263,824 shares of the company’s stock after purchasing an additional 56,205 shares during the period. Brown Advisory Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $26,171,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AGG. North Berkeley Wealth Management LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 14.2% during the second quarter. North Berkeley Wealth Management LLC now owns 23,627 shares of the company’s stock valued at $2,344,000 after acquiring an additional 2,929 shares during the last quarter. GeoWealth Management LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 57.3% during the 2nd quarter. GeoWealth Management LLC now owns 23,961 shares of the company’s stock valued at $2,377,000 after purchasing an additional 8,732 shares during the period. Raab & Moskowitz Asset Management LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $242,000. EverSource Wealth Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 105.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,962 shares of the company’s stock valued at $2,377,000 after purchasing an additional 12,326 shares during the last quarter. Finally, 1832 Asset Management L.P. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.2% in the 2nd quarter. 1832 Asset Management L.P. now owns 906,244 shares of the company’s stock worth $89,899,000 after purchasing an additional 36,579 shares during the period. 83.63% of the stock is owned by institutional investors.

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

Shares of NYSEARCA AGG opened at $100.03 on Friday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.35. The firm has a market capitalization of $134.61 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The firm has a 50 day moving average of $100.47 and a 200 day moving average of $99.38.

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.