Founders Financial Securities LLC Buys 324,788 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Founders Financial Securities LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 324,788 shares of the company’s stock, valued at approximately $30,705,000. iShares Core U.S. Aggregate Bond ETF accounts for 1.5% of Founders Financial Securities LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of AGG. Empower Annuity Insurance Co bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth about $267,968,630,000. Bank of America Corp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during 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 buying an additional 15,923,080 shares in the last quarter. WealthNavi Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock valued at $1,172,692,000 after buying an additional 653,006 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after acquiring an additional 451,566 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after acquiring an additional 1,898,484 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 0.3%

iShares Core U.S. Aggregate Bond ETF stock opened at $96.15 on Friday. The firm has a 50 day moving average of $95.87 and a 200 day moving average of $98.28. The firm has a market capitalization of $139.50 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $93.83 and a 12-month high of $101.46.

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.