Gotham Asset Management LLC Increases Position in iShares Core U.S. Aggregate Bond ETF $AGG

Gotham Asset Management LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 366,824 shares of the company’s stock after purchasing an additional 12,050 shares during the quarter. Gotham Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $36,774,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after purchasing an additional 1,911,414 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after purchasing an additional 2,423,410 shares in the last quarter. Betterment LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 6.5% in the third quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock worth $2,462,990,000 after purchasing an additional 1,500,630 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock valued at $1,813,740,000 after buying an additional 1,607,890 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 6.5% during the third quarter. Ameriprise Financial Inc. now owns 15,507,033 shares of the company’s stock valued at $1,557,207,000 after buying an additional 944,002 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $99.21 on Monday. The company’s 50-day simple moving average is $100.30 and its 200-day simple moving average is $100.28. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.15 and a fifty-two week high of $101.46. The stock has a market capitalization of $137.11 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.