iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Purchased by Prudential Financial Inc.

Prudential Financial Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,553,615 shares of the company’s stock after purchasing an additional 871,207 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 1.0% of Prudential Financial Inc.’s portfolio, making the stock its 14th biggest holding. Prudential Financial Inc. owned approximately 0.61% of iShares Core U.S. Aggregate Bond ETF worth $731,945,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. Kozak & Associates Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $33,000. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $35,000. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $43,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $98.74 on Monday. The stock’s fifty day moving average is $97.80 and its two-hundred day moving average is $98.51. The firm has a market capitalization of $125.40 billion, a P/E ratio of 125.34 and a beta of 0.22. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04.

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.