iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Increased by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 13.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 555,983 shares of the company’s stock after buying an additional 67,453 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 4.1% of Cornerstone Wealth Group LLC’s holdings, making the stock its 3rd biggest holding. Cornerstone Wealth Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $55,153,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Jones Financial Companies Lllp raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% during the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after buying an additional 9,678,339 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after buying an additional 3,421,606 shares in the last quarter. US Bancorp DE raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.1% during the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock valued at $4,363,640,000 after buying an additional 9,922,958 shares in the last quarter. Betterment LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 10.0% during the 1st quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock valued at $2,164,020,000 after buying an additional 1,983,074 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 13.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock valued at $2,086,731,000 after purchasing an additional 2,567,446 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA:AGG opened at $100.62 on Tuesday. The company has a market capitalization of $133.00 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.02. The firm’s 50-day moving average is $99.79 and its 200 day moving average is $98.69.

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.