PFG Investments LLC Boosts Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

PFG Investments LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 44,777 shares of the company’s stock after purchasing an additional 3,297 shares during the quarter. PFG Investments LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,535,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AGG. State of Michigan Retirement System purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $498,454,000. Envestnet Asset Management Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in 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 during the last quarter. US Bancorp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.3% in the 1st quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $3,104,615,000 after purchasing an additional 2,691,016 shares in the last quarter. Raymond James & Associates grew its position 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 valued at $6,667,630,000 after purchasing an additional 2,640,524 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after purchasing an additional 2,455,461 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2 %

iShares Core U.S. Aggregate Bond ETF stock traded down $0.20 during trading hours on Friday, hitting $98.59. The stock had a trading volume of 9,028,548 shares, compared to its average volume of 7,971,382. The stock’s 50-day moving average price is $100.52 and its 200-day moving average price is $98.40. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $92.11 and a 12-month 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.