iShares Core U.S. Aggregate Bond ETF $AGG Shares Purchased by Blue Trust Inc.

Blue Trust Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.2% in the third quarter, HoldingsChannel.com reports. The fund owned 2,334,436 shares of the company’s stock after purchasing an additional 115,941 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 2.6% of Blue Trust Inc.’s portfolio, making the stock its 14th biggest position. Blue Trust Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $234,027,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Angeles Investment Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $26,000. North Ridge Wealth Advisors Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $29,000. Transce3nd LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 84.7% in the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after buying an additional 222 shares during the period. GAMMA Investing LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 509.3% during the 3rd quarter. GAMMA Investing LLC now owns 524 shares of the company’s stock valued at $53,000 after acquiring an additional 438 shares during the last quarter. Finally, IMA Advisory Services Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth about $60,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.02 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35. The firm has a market capitalization of $134.60 billion, a P/E ratio of 124.57 and a beta of 0.25. The business’s 50-day simple moving average is $100.36 and its 200-day simple moving average is $99.61.

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.