Sequoia Financial Advisors LLC Has $15.70 Million Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Sequoia Financial Advisors LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 156,592 shares of the company’s stock after purchasing an additional 8,801 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $15,698,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after buying an additional 5,728,914 shares in the last quarter. US Bancorp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 29.1% during the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after acquiring an additional 9,922,958 shares during the period. Bank of America Corp DE grew its stake in iShares Core U.S. Aggregate Bond ETF by 4.6% during the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after acquiring an additional 1,915,497 shares in the last quarter. Betterment LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% in the 2nd quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock valued at $2,288,331,000 after purchasing an additional 1,191,388 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,959,615 shares of the company’s stock valued at $1,880,794,000 after purchasing an additional 2,093,359 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $100.05 on Monday. The firm has a 50 day simple moving average of $100.15 and a 200 day simple moving average of $99.82. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.35. The stock has a market cap of $136.60 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.