Granite Harbor Advisors Inc. Raises Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Granite Harbor Advisors Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.3% during the third quarter, Holdings Channel reports. The fund owned 107,384 shares of the company’s stock after acquiring an additional 5,408 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 6.3% of Granite Harbor Advisors Inc.’s holdings, making the stock its 4th biggest holding. Granite Harbor Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $10,875,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AGG. Global Assets Advisory LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 12,066.6% during the 1st quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after acquiring an additional 5,813,688 shares during the last quarter. State of Michigan Retirement System acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $498,454,000. Envestnet Asset Management Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock valued at $4,278,608,000 after purchasing an additional 4,641,016 shares during the period. US Bancorp DE lifted its position in iShares Core U.S. Aggregate Bond ETF by 9.3% during the 1st quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock valued at $3,104,615,000 after purchasing an additional 2,691,016 shares during the period. Finally, Raymond James & Associates lifted its position in iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after purchasing an additional 2,640,524 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

iShares Core U.S. Aggregate Bond ETF stock traded down $0.26 during trading hours on Monday, reaching $99.24. 435,411 shares of the company’s stock traded hands, compared to its average volume of 7,930,788. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $91.58 and a fifty-two week high of $102.04. The firm’s 50 day moving average is $100.65 and its 200-day moving average is $98.28.

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.