Beacon Investment Advisory Services Inc. Acquires 26,961 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Beacon Investment Advisory Services Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 186,394 shares of the company’s stock after purchasing an additional 26,961 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $18,255,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Raymond James & Associates increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.7% in the first quarter. Raymond James & Associates now owns 66,048,359 shares of the company’s stock worth $6,468,776,000 after purchasing an additional 2,987,134 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 40,781,811 shares of the company’s stock valued at $4,047,595,000 after buying an additional 2,209,020 shares in the last quarter. US Bancorp DE raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.3% in the 1st quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock valued at $3,104,615,000 after buying an additional 2,691,016 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after acquiring an additional 2,455,461 shares during the period. Finally, Northern Trust Corp boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. Northern Trust Corp now owns 13,975,446 shares of the company’s stock worth $1,387,063,000 after acquiring an additional 167,309 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock traded down $0.27 during trading on Thursday, reaching $98.25. 10,584,165 shares of the company’s stock were exchanged, compared to its average volume of 8,105,245. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $91.58 and a 1-year high of $99.70. The firm’s 50-day moving average price is $97.21 and its 200 day moving average price is $97.27.

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.