Lazard Asset Management LLC Has $23.92 Million Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Lazard Asset Management LLC reduced its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.3% during the first quarter, Holdings Channel.com reports. The fund owned 244,236 shares of the company’s stock after selling 22,173 shares during the period. Lazard Asset Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $23,920,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James & Associates lifted its stake 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 acquiring an additional 2,987,134 shares during the period. Envestnet Asset Management Inc. lifted 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 valued at $4,047,595,000 after buying an additional 2,209,020 shares during the period. US Bancorp DE lifted 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 valued at $3,104,615,000 after buying an additional 2,691,016 shares during the period. Envestnet Portfolio Solutions Inc. lifted 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 valued at $1,687,137,000 after buying an additional 2,455,461 shares during the period. Finally, Northern Trust Corp lifted 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 valued at $1,387,063,000 after buying an additional 167,309 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $98.48 on Monday. 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’s 50 day moving average price is $97.37 and its two-hundred day moving average price is $97.22.

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.