PFG Advisors Has $10.31 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

PFG Advisors boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 106,162 shares of the company’s stock after purchasing an additional 2,519 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 0.7% of PFG Advisors’ portfolio, making the stock its 25th largest holding. PFG Advisors’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,305,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of AGG. Global Assets Advisory LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 12,066.6% in the 1st quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after purchasing an additional 5,813,688 shares in the last quarter. State of Michigan Retirement System acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $498,454,000. US Bancorp DE raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in the 4th quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock valued at $2,879,058,000 after buying an additional 3,071,624 shares in the last quarter. Raymond James & Associates raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% in the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after buying an additional 2,640,524 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after buying an additional 2,455,461 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $101.62 on Thursday. The firm has a 50 day moving average of $99.45 and a 200-day moving average of $97.75. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $101.85.

iShares Core U.S. Aggregate Bond ETF Company 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.