Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 88.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,827 shares of the company’s stock after purchasing an additional 5,092 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,081,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% in the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after buying an additional 1,911,414 shares during the last quarter. Bank of America Corp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 5.5% during the 3rd quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after acquiring an additional 2,423,410 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in iShares Core U.S. Aggregate Bond ETF by 17.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after acquiring an additional 4,942,715 shares during the last quarter. Betterment LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 6.5% in the third quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock valued at $2,462,990,000 after acquiring an additional 1,500,630 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 8.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,621,070 shares of the company’s stock valued at $1,962,495,000 after acquiring an additional 1,507,215 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $99.23 on Friday. The stock’s 50-day moving average is $100.01 and its two-hundred day moving average is $100.19. The firm has a market cap of $137.14 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.46.

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.