Farmers & Merchants Investments Inc. Raises Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Farmers & Merchants Investments Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,194 shares of the company’s stock after buying an additional 9,088 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,010,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 2.5% in the 3rd 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 during the last quarter. Bank of America Corp DE increased its stake in iShares Core U.S. Aggregate Bond ETF by 5.5% in the 3rd quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after buying an additional 2,423,410 shares during the period. US Bancorp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after purchasing an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after purchasing an additional 4,942,715 shares during the period. Finally, Betterment LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 6.5% during the 3rd 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 during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2%

Shares of NYSEARCA AGG opened at $99.18 on Friday. The stock has a market cap of $135.51 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.66 and a 52 week high of $101.46. The company’s 50-day moving average price is $99.55 and its 200 day moving average price is $100.04.

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.