Graypoint LLC Purchases 15,222 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Graypoint LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 33.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 60,880 shares of the company’s stock after purchasing an additional 15,222 shares during the quarter. Graypoint LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,022,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.9% in the fourth quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after acquiring an additional 3,007,758 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after acquiring an additional 2,718,705 shares during the period. Bank of America Corp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the fourth quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock worth $4,240,174,000 after acquiring an additional 3,944,353 shares during the period. Sagespring Wealth Partners LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $2,473,132,000. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 23,411,435 shares of the company’s stock worth $2,268,568,000 after acquiring an additional 882,233 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1%

Shares of NYSEARCA AGG opened at $97.89 on Thursday. The firm has a 50 day moving average of $97.94 and a 200 day moving average of $97.87. The firm has a market capitalization of $127.70 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $102.04.

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.