Exchange Traded Concepts LLC Acquires 326,982 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Exchange Traded Concepts LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,323,410 shares of the company’s stock after buying an additional 326,982 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.8% of Exchange Traded Concepts LLC’s investment portfolio, making the stock its 11th largest position. Exchange Traded Concepts LLC owned approximately 0.17% of iShares Core U.S. Aggregate Bond ETF worth $232,062,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after acquiring an additional 4,942,715 shares during the period. Bank of America Corp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 5.5% in the 3rd quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after acquiring an additional 2,423,410 shares during the period. United Services Automobile Association raised its stake in iShares Core U.S. Aggregate Bond ETF by 70.1% in the 2nd quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock valued at $498,280,000 after acquiring an additional 2,069,200 shares during the period. Raymond James Financial Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after purchasing an additional 1,911,414 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 9.7% during 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 period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $98.54 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.46. The company has a market cap of $136.18 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm’s fifty day moving average price is $100.09 and its two-hundred day moving average price is $100.24.

iShares Core U.S. Aggregate Bond ETF 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.