McLean Asset Management Corp Has $3.63 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

McLean Asset Management Corp lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 96.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 36,568 shares of the company’s stock after purchasing an additional 17,990 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 0.6% of McLean Asset Management Corp’s portfolio, making the stock its 27th largest holding. McLean Asset Management Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,630,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE lifted its position in iShares Core U.S. Aggregate Bond ETF by 16.0% during the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after buying an additional 7,411,242 shares in the last quarter. Raymond James Financial Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after acquiring an additional 5,514,115 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in iShares Core U.S. Aggregate Bond ETF by 17.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after acquiring an additional 4,942,715 shares in the last quarter. Northern Trust Corp raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 25.1% in the fourth quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock worth $2,068,108,000 after acquiring an additional 4,148,106 shares during the last quarter. Finally, Constellation Investments Inc. raised its stake in shares of 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 worth $705,444,000 after acquiring an additional 2,914,000 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $99.34 on Monday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46. The firm’s 50 day moving average is $98.85 and its 200-day moving average is $99.57. The firm has a market capitalization of $135.73 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.