Rebalance LLC Increases Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Rebalance LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,356,028 shares of the company’s stock after buying an additional 57,059 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 8.2% of Rebalance LLC’s portfolio, making the stock its 4th biggest holding. Rebalance LLC owned about 0.10% of iShares Core U.S. Aggregate Bond ETF worth $135,942,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% in the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after acquiring an additional 9,678,339 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after purchasing an additional 5,728,914 shares during the last quarter. US Bancorp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 29.1% in the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after purchasing an additional 9,922,958 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the second quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after acquiring an additional 1,915,497 shares during the period. Finally, Betterment LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 5.4% during the 2nd quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock valued at $2,288,331,000 after purchasing an additional 1,191,388 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $100.02 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $101.35. The stock has a market cap of $134.60 billion, a PE ratio of 124.57 and a beta of 0.25. The firm’s 50 day moving average price is $100.36 and its two-hundred day moving average price is $99.61.

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.