iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stock Position Boosted by SVB Wealth LLC

SVB Wealth LLC raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 398.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,020,473 shares of the company’s stock after purchasing an additional 815,913 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 1.8% of SVB Wealth LLC’s investment portfolio, making the stock its 6th biggest position. SVB Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $98,884,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in AGG. Arizona PSPRS Trust purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $822,973,000. United Services Automobile Association raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% in the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after acquiring an additional 4,694,299 shares during the period. Constellation Investments Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $431,100,000. Proficio Capital Partners LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2,980.1% during the 4th quarter. Proficio Capital Partners LLC now owns 4,576,801 shares of the company’s stock worth $443,492,000 after purchasing an additional 4,428,207 shares during the period. Finally, Balentine LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 86.4% during the 3rd quarter. Balentine LLC now owns 4,580,986 shares of the company’s stock worth $463,916,000 after purchasing an additional 2,123,395 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.4 %

Shares of NYSEARCA AGG opened at $99.25 on Friday. The business’s 50 day moving average is $97.23 and its two-hundred day moving average is $98.73. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04. The firm has a market cap of $125.06 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20.

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.