Dearborn Partners LLC Acquires 11,809 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Dearborn Partners LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 65.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,888 shares of the company’s stock after purchasing an additional 11,809 shares during the period. Dearborn Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,985,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGG. Mercer Global Advisors Inc. ADV lifted its stake in 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 worth $3,331,020,000 after purchasing an additional 4,942,715 shares during the period. Constellation Investments Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 70.2% during the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock worth $705,444,000 after purchasing an additional 2,914,000 shares during the period. Valpey Financial Services LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 9,942.1% during the fourth quarter. Valpey Financial Services LLC now owns 2,872,830 shares of the company’s stock worth $286,938,000 after purchasing an additional 2,844,222 shares during the period. Bank of America Corp DE lifted its stake in 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 worth $4,644,198,000 after purchasing an additional 2,423,410 shares during the period. Finally, United Services Automobile Association lifted its stake in iShares Core U.S. Aggregate Bond ETF by 70.1% during the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after purchasing an additional 2,069,200 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.5%

Shares of AGG opened at $98.17 on Friday. The stock has a market cap of $134.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.25 and a 12 month high of $101.46. The company has a 50-day moving average price of $98.98 and a two-hundred day moving average price of $99.74.

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.