iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by Cornerstone Management Inc.

Cornerstone Management Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 445,933 shares of the company’s stock after buying an additional 24,914 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 7.1% of Cornerstone Management Inc.’s investment portfolio, making the stock its 4th largest position. Cornerstone Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $44,268,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Valley National Advisers Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Cresta Advisors Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. Blueline Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $25,000. First Command Advisory Services Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.90 on Monday. The business has a 50-day moving average price of $98.90 and a 200 day moving average price of $99.61. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46. The firm has a market cap of $135.13 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.