Financial Designs Corp Grows Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Financial Designs Corp increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 249,290 shares of the company’s stock after purchasing an additional 10,576 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 14.5% of Financial Designs Corp’s holdings, making the stock its 2nd biggest position. Financial Designs Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $25,064,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in shares of 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 buying an additional 5,728,914 shares during the last quarter. Bank of America Corp DE lifted its holdings in 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 worth $4,355,153,000 after acquiring an additional 1,915,497 shares during the period. Betterment LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 5.4% in the second quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after purchasing an additional 1,191,388 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 9.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock worth $1,813,740,000 after purchasing an additional 1,607,890 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares Core U.S. Aggregate Bond ETF by 3.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,963,480 shares of the company’s stock valued at $1,186,777,000 after purchasing an additional 417,611 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.90 on Friday. The business’s fifty day moving average is $100.16 and its 200-day moving average is $100.13. The stock has a market capitalization of $139.44 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year 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.