Ballast Advisors LLC Acquires 6,646 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Ballast Advisors LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 197,829 shares of the company’s stock after buying an additional 6,646 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 5.8% of Ballast Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Ballast Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $19,625,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in AGG. Jones Financial Companies Lllp lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% in 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 purchasing an additional 9,678,339 shares during the last quarter. Raymond James Financial Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 4.4% during the first quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock worth $8,041,669,000 after buying an additional 3,421,606 shares during the period. US Bancorp DE lifted its stake in iShares Core U.S. Aggregate Bond ETF by 29.1% in the second 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 during the last quarter. Betterment LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 10.0% in the first quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock valued at $2,164,020,000 after acquiring an additional 1,983,074 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 13.9% in the first quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock valued at $2,086,731,000 after acquiring an additional 2,567,446 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1%

Shares of AGG opened at $101.14 on Friday. The company’s 50 day simple moving average is $100.14 and its 200-day simple moving average is $98.84. The firm has a market cap of $135.75 billion, a PE 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 $101.35.

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.