iShares Core U.S. Aggregate Bond ETF $AGG Stock: Rebalance LLC Boosts Position

Rebalance LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,676,842 shares of the company’s stock after purchasing an additional 47,765 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 8.2% of Rebalance LLC’s holdings, making the stock its 4th biggest position. Rebalance LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $158,529,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AGG. Farmers & Merchants Investments Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $8,772,000. Iowa State Bank bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $1,636,000. Montecito Bank & Trust purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $14,385,000. Ironwood Financial llc purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $3,964,000. Finally, Parallel Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 24.1% during the 1st quarter. Parallel Advisors LLC now owns 324,740 shares of the company’s stock valued at $32,237,000 after buying an additional 63,067 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG traded down $0.16 during midday trading on Friday, hitting $95.96. 7,446,518 shares of the company traded hands, compared to its average volume of 9,589,422. The stock has a 50-day moving average of $95.97 and a 200-day moving average of $97.64. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.83 and a one year high of $101.46. The firm has a market cap of $139.32 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.