BNP Paribas Financial Markets Has $80.05 Million Stake in iShares Core U.S. Aggregate Bond ETF $AGG

BNP Paribas Financial Markets boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 61.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 801,450 shares of the company’s stock after buying an additional 305,195 shares during the period. BNP Paribas Financial Markets owned approximately 0.06% of iShares Core U.S. Aggregate Bond ETF worth $80,049,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of AGG. Raymond James Financial Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after purchasing an additional 1,911,414 shares during the period. Bank of America Corp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% during the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after purchasing an additional 2,423,410 shares during the period. US Bancorp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after purchasing an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during 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 purchasing an additional 4,942,715 shares during the period. Finally, Betterment LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.5% during the third quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock valued at $2,462,990,000 after purchasing an additional 1,500,630 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.4%

Shares of NYSEARCA AGG opened at $98.68 on Tuesday. The firm’s 50-day moving average price is $99.01 and its 200-day moving average price is $99.78. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.23 and a 1-year high of $101.46. The firm has a market capitalization of $134.83 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.