iShares Core U.S. Aggregate Bond ETF $AGG is Arizona PSPRS Trust’s Largest Position

Arizona PSPRS Trust raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,334,403 shares of the company’s stock after buying an additional 188,826 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 41.7% of Arizona PSPRS Trust’s investment portfolio, making the stock its biggest holding. Arizona PSPRS Trust’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,132,080,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of AGG. Valley National Advisers Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares in the last quarter. Cresta Advisors Ltd. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Blueline Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. First Command Advisory Services Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $29,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $98.17 on Monday. The company has a market capitalization of $134.13 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.25 and a fifty-two week high of $101.46. The business has a 50-day moving average of $98.98 and a 200-day moving average of $99.74.

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.