Palladiem LLC Purchases Shares of 73,776 iShares Core U.S. Aggregate Bond ETF $AGG

Palladiem LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 73,776 shares of the company’s stock, valued at approximately $7,385,000. iShares Core U.S. Aggregate Bond ETF accounts for 7.0% of Palladiem LLC’s investment portfolio, making the stock its 3rd biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of AGG. Brighton Jones LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after purchasing an additional 7,030 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after purchasing an additional 3,044 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $111,000. Ieq Capital LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the 2nd quarter. Ieq Capital LLC now owns 47,381 shares of the company’s stock valued at $4,700,000 after purchasing an additional 4,269 shares during the period. Finally, Quantinno Capital Management LP raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.6% in the 2nd quarter. Quantinno Capital Management LP now owns 13,419 shares of the company’s stock valued at $1,331,000 after purchasing an additional 943 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $98.17 on Friday. The business’s 50-day moving average price is $98.98 and its two-hundred day moving average price is $99.74. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.25 and a 1 year high of $101.46. The company has a market capitalization of $134.13 billion, a price-to-earnings 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.