Acorn Financial Advisory Services Inc. ADV increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 13.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 536,266 shares of the company’s stock after acquiring an additional 63,693 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 7.3% of Acorn Financial Advisory Services Inc. ADV’s portfolio, making the stock its biggest position. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $53,235,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGG. Bank of America Corp DE lifted its stake in iShares Core U.S. Aggregate Bond ETF by 16.0% in the fourth quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock valued at $5,367,292,000 after buying an additional 7,411,242 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of 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 purchasing an additional 4,942,715 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 25.1% in the fourth quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock valued at $2,068,108,000 after purchasing an additional 4,148,106 shares in the last quarter. Finally, Constellation Investments Inc. boosted its position in shares of 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 buying an additional 2,914,000 shares during the period. 83.63% of the stock is currently owned by institutional investors.
iShares Core U.S. Aggregate Bond ETF Stock Performance
NYSEARCA AGG opened at $98.98 on Wednesday. The stock has a market capitalization of $135.24 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The stock’s 50 day moving average price is $98.83 and its two-hundred day moving average price is $99.56. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week 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.
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