Strategic Investment Management LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Strategic Investment Management LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 344,400 shares of the company’s stock, valued at approximately $33,372,000. iShares Core U.S. Aggregate Bond ETF makes up 11.5% of Strategic Investment Management LLC’s portfolio, making the stock its 3rd biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Arizona PSPRS Trust acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $822,973,000. United Services Automobile Association increased its stake in iShares Core U.S. Aggregate Bond ETF by 105.8% during the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock worth $924,510,000 after buying an additional 4,694,299 shares during the period. US Bancorp DE lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 11.1% in the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after buying an additional 3,717,053 shares in the last quarter. International Assets Investment Management LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the 3rd quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock valued at $244,418,000 after buying an additional 2,393,623 shares during the last quarter. Finally, Raymond James & Associates grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.5% during the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after acquiring an additional 2,376,267 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2 %

Shares of NYSEARCA AGG opened at $97.01 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The stock’s 50-day simple moving average is $97.50 and its 200-day simple moving average is $98.88.

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.