iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 24.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 324,740 shares of the company’s stock after purchasing an additional 63,067 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 0.6% of Parallel Advisors LLC’s holdings, making the stock its 28th biggest holding. Parallel Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $32,237,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% during the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock worth $8,465,912,000 after acquiring an additional 5,514,115 shares during the period. Bank of America Corp DE boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after purchasing an additional 15,923,080 shares during the period. US Bancorp DE grew its stake in 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 in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in iShares Core U.S. Aggregate Bond ETF by 9.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares in the last quarter. Finally, Morgan Stanley grew its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 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 Price Performance

Shares of NYSEARCA AGG opened at $97.66 on Wednesday. The company has a market cap of $137.81 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The stock’s 50-day moving average is $98.36 and its two-hundred day moving average is $99.19. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.12 and a 1-year high of $101.46.

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.