Patten & Patten Inc. TN Purchases Shares of 7,176 iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Patten & Patten Inc. TN purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,176 shares of the company’s stock, valued at approximately $703,000.

A number of other institutional investors also recently modified their holdings of the company. Raymond James & Associates boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.7% during 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 stake in iShares Core U.S. Aggregate Bond ETF by 5.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 40,781,811 shares of the company’s stock worth $4,047,595,000 after buying an additional 2,209,020 shares in the last quarter. US Bancorp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 9.3% in the first quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $3,104,615,000 after buying an additional 2,691,016 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 16.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after buying an additional 2,455,461 shares in the last quarter. Finally, Northern Trust Corp raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. Northern Trust Corp now owns 13,975,446 shares of the company’s stock worth $1,387,063,000 after buying an additional 167,309 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock traded down $0.04 during trading on Monday, reaching $98.01. The company had a trading volume of 11,657,493 shares, compared to its average volume of 8,128,140. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $99.70. The business has a 50 day moving average of $97.25 and a 200 day moving average of $97.24.

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.