iShares Core U.S. Aggregate Bond ETF $AGG is Verger Capital Management LLC’s 2nd Largest Position

Verger Capital Management LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.6% in the 4th quarter, HoldingsChannel reports. The firm owned 655,600 shares of the company’s stock after purchasing an additional 46,558 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 19.4% of Verger Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Verger Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $65,481,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in AGG. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after purchasing an additional 4,942,715 shares during the period. Constellation Investments Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 70.2% in the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock valued at $705,444,000 after acquiring an additional 2,914,000 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after acquiring an additional 2,423,410 shares in the last quarter. United Services Automobile Association raised its holdings in iShares Core U.S. Aggregate Bond ETF by 70.1% in the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock valued at $498,280,000 after acquiring an additional 2,069,200 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 2.5% in the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after acquiring an additional 1,911,414 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2%

Shares of NYSEARCA:AGG opened at $98.90 on Friday. The firm’s 50 day moving average price is $99.68 and its 200 day moving average price is $100.08. The stock has a market cap of $135.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.66 and a fifty-two week high of $101.46.

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.