Northwestern Mutual Investment Management Company LLC Acquires 179,556 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Northwestern Mutual Investment Management Company LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 67.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 447,618 shares of the company’s stock after buying an additional 179,556 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 0.5% of Northwestern Mutual Investment Management Company LLC’s holdings, making the stock its 19th largest position. Northwestern Mutual Investment Management Company LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $44,708,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Kampmann Melissa S. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% in the fourth quarter. Kampmann Melissa S. now owns 10,508 shares of the company’s stock valued at $1,051,000 after buying an additional 100 shares in the last quarter. Rothschild Investment LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% in the third quarter. Rothschild Investment LLC now owns 2,441 shares of the company’s stock valued at $245,000 after buying an additional 102 shares in the last quarter. Woodside Wealth Management LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% in the third quarter. Woodside Wealth Management LLC now owns 6,241 shares of the company’s stock valued at $626,000 after buying an additional 104 shares in the last quarter. Stephens Consulting LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.4% in the fourth quarter. Stephens Consulting LLC now owns 1,288 shares of the company’s stock valued at $129,000 after buying an additional 111 shares in the last quarter. Finally, Hoge Financial Services LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% in the fourth quarter. Hoge Financial Services LLC now owns 8,521 shares of the company’s stock valued at $851,000 after buying an additional 111 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.6%

iShares Core U.S. Aggregate Bond ETF stock opened at $98.02 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $96.66 and a 1-year high of $101.46. The firm has a market capitalization of $133.92 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The firm’s fifty day moving average price is $99.29 and its two-hundred day moving average price is $99.94.

About iShares Core U.S. Aggregate Bond ETF

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.