iShares Core U.S. Aggregate Bond ETF $AGG Stake Raised by Connable Office Inc.

Connable Office Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 42.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 401,098 shares of the company’s stock after acquiring an additional 119,947 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 3.9% of Connable Office Inc.’s portfolio, making the stock its 4th largest position. Connable Office Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AGG. Brighton Jones LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after buying an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after acquiring an additional 3,044 shares during the period. Principal Financial Group Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 3.4% in the 1st quarter. Principal Financial Group Inc. now owns 161,939 shares of the company’s stock valued at $16,019,000 after acquiring an additional 5,379 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in iShares Core U.S. Aggregate Bond ETF by 13.6% in the 1st quarter. Silver Oak Securities Incorporated now owns 5,559 shares of the company’s stock valued at $549,000 after acquiring an additional 665 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 101.5% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,043 shares of the company’s stock worth $202,000 after purchasing an additional 1,029 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares Core U.S. Aggregate Bond ETF stock opened at $100.54 on Monday. The stock has a fifty day moving average price of $100.32 and a 200 day moving average price of $98.97. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.35. The firm has a market capitalization of $135.30 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.