Stairway Partners LLC Acquires 373,958 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Stairway Partners LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.4% in the 2nd quarter, Holdings Channel reports. The fund owned 2,809,276 shares of the company’s stock after purchasing an additional 373,958 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 13.1% of Stairway Partners LLC’s portfolio, making the stock its 3rd biggest position. Stairway Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $278,062,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 7.0% during the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after acquiring an additional 5,514,115 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. US Bancorp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after purchasing an additional 489,837 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the fourth quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.26 on Tuesday. The company’s 50 day moving average price is $98.38 and its 200 day moving average price is $99.21. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.12 and a 52 week high of $101.46. The company has a market capitalization of $137.24 billion, a PE ratio of 124.57 and a beta of 0.25.

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.