iShares Core U.S. Aggregate Bond ETF $AGG Stock: Root Financial Partners LLC Increases Holdings

Root Financial Partners LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 159.0% in the 3rd quarter, Holdings Channel reports. The fund owned 12,423 shares of the company’s stock after acquiring an additional 7,627 shares during the period. Root Financial Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,174,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of AGG. Bank of America Corp DE lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares in the last quarter. WealthNavi Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 3.2% in the first quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock valued at $1,142,930,000 after purchasing an additional 354,238 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in 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 purchasing an additional 451,566 shares in the last quarter. Royal Bank of Canada grew its stake in 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 purchasing an additional 1,898,484 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in iShares Core U.S. Aggregate Bond ETF by 12.7% during the 1st quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock worth $660,051,000 after purchasing an additional 750,257 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.9%

Shares of AGG opened at $96.12 on Friday. The business’s 50 day moving average is $96.00 and its two-hundred day moving average is $97.65. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46. The firm has a market cap of $139.56 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.