Parallel Advisors LLC Grows Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Parallel Advisors LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.4% during the third quarter, HoldingsChannel.com reports. The firm owned 255,450 shares of the company’s stock after buying an additional 8,379 shares during the period. Parallel Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $25,609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Angeles Investment Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $26,000. North Ridge Wealth Advisors Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $29,000. Collier Financial acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $31,000. JCIC Asset Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $32,000. Finally, Evolution Wealth Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $40,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $100.12 on Friday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.15 and a fifty-two week high of $101.46. The company has a market cap of $138.37 billion, a PE ratio of 124.57 and a beta of 0.25. The business has a 50-day simple moving average of $100.32 and a two-hundred day simple moving average of $100.26.

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.