International Assets Investment Management LLC Increases Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

International Assets Investment Management LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 19,909 shares of the company’s stock after purchasing an additional 675 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,933,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Global Assets Advisory LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 12,066.6% in the first quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after buying an additional 5,813,688 shares in the last quarter. State of Michigan Retirement System bought a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter worth $498,454,000. US Bancorp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 11.8% in the fourth quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock worth $2,879,058,000 after purchasing an additional 3,071,624 shares during the last quarter. Raymond James & Associates raised its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% during the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after purchasing an additional 2,640,524 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 16.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after purchasing an additional 2,455,461 shares during 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 Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $100.25 on Friday. The company’s 50-day moving average price is $98.79 and its 200-day moving average price is $97.51. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $100.92.

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.