Empower Annuity Insurance Co Invests $267.97 Billion in iShares Core U.S. Aggregate Bond ETF $AGG

Empower Annuity Insurance Co acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,456,850 shares of the company’s stock, valued at approximately $267,968,630,000. iShares Core U.S. Aggregate Bond ETF accounts for 100.0% of Empower Annuity Insurance Co’s investment portfolio, making the stock its biggest holding. Empower Annuity Insurance Co owned about 0.17% of iShares Core U.S. Aggregate Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AGG. Bank of America Corp DE boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st 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. Raymond James Financial Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares in the last quarter. Northern Trust Corp grew its position in iShares Core U.S. Aggregate Bond ETF by 25.1% in the fourth quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock valued at $2,068,108,000 after acquiring an additional 4,148,106 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of 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 valued at $3,621,605,000 after purchasing an additional 3,032,433 shares during the last quarter. Finally, Valpey Financial Services LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9,942.1% during the fourth quarter. Valpey Financial Services LLC now owns 2,872,830 shares of the company’s stock worth $286,938,000 after buying an additional 2,844,222 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $97.49 on Monday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $97.12 and a 1-year high of $101.46. The stock’s 50-day moving average is $97.95 and its 200-day moving average is $98.88. The stock has a market cap of $137.57 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.