Permanent Capital Management LP Makes New Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Permanent Capital Management LP purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, Holdings Channel.com reports. The firm purchased 136,297 shares of the company’s stock, valued at approximately $13,664,000. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.6% of Permanent Capital Management LP’s holdings, making the stock its 9th largest holding.

Other large investors have also made changes to their positions in the company. Total Wealth Planning LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 5.1% in the third quarter. Total Wealth Planning LLC now owns 9,746 shares of the company’s stock valued at $977,000 after acquiring an additional 471 shares during the last quarter. Clune & Associates LTD. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.1% during the 3rd quarter. Clune & Associates LTD. now owns 16,694 shares of the company’s stock valued at $1,674,000 after purchasing an additional 652 shares in the last quarter. Peddock Capital Advisors LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.5% in the 3rd quarter. Peddock Capital Advisors LLC now owns 136,918 shares of the company’s stock valued at $13,726,000 after purchasing an additional 650 shares during the last quarter. Sowell Financial Services LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 0.4% in the third quarter. Sowell Financial Services LLC now owns 205,284 shares of the company’s stock worth $20,580,000 after purchasing an additional 786 shares in the last quarter. Finally, Thompson Investment Management Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 10.8% during the third quarter. Thompson Investment Management Inc. now owns 42,040 shares of the company’s stock worth $4,215,000 after buying an additional 4,094 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.04 on Monday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $101.35. The stock’s 50-day moving average is $100.35 and its two-hundred day moving average is $99.65. The firm has a market cap of $134.62 billion, a P/E ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF 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.