Acorn Financial Advisory Services Inc. ADV increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 4.1% in the third quarter, HoldingsChannel.com reports. The firm owned 388,512 shares of the company’s stock after buying an additional 15,464 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 7.0% of Acorn Financial Advisory Services Inc. ADV’s portfolio, making the stock its 3rd largest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,345,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in the stock. State of Michigan Retirement System acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth $498,454,000. Envestnet Asset Management Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after purchasing an additional 4,641,016 shares in the last quarter. US Bancorp DE grew its stake in iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after purchasing an additional 3,717,053 shares in the last quarter. Raymond James & Associates increased its holdings in iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after purchasing an additional 2,640,524 shares during the period. Finally, International Assets Investment Management LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the 3rd quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock valued at $244,418,000 after purchasing an additional 2,393,623 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.
iShares Core U.S. Aggregate Bond ETF Stock Performance
Shares of iShares Core U.S. Aggregate Bond ETF stock traded up $0.17 on Friday, reaching $98.50. 6,199,838 shares of the company were exchanged, compared to its average volume of 8,033,383. The stock’s 50 day moving average price is $100.06 and its 200-day moving average price is $98.58. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.53 and a 1-year high of $102.04.
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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