TPG Advisors LLC Buys 16,987 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

TPG Advisors LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 43.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,476 shares of the company’s stock after acquiring an additional 16,987 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 4.3% of TPG Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. TPG Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,473,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bradley & Co. Private Wealth Management LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $25,000. Kozak & Associates Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $33,000. Bank of Jackson Hole Trust bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth approximately $43,000. Institutional investors and hedge funds 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 opened at $99.25 on Friday. The company has a 50 day moving average price of $97.23 and a 200 day moving average price of $98.73. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The firm has a market capitalization of $125.06 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20.

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.