Arizona PSPRS Trust Increases Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Arizona PSPRS Trust increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 64.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,346,704 shares of the company’s stock after buying an additional 5,220,182 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 41.7% of Arizona PSPRS Trust’s investment portfolio, making the stock its biggest holding. Arizona PSPRS Trust owned about 1.08% of iShares Core U.S. Aggregate Bond ETF worth $1,293,296,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of AGG. Bradley & Co. Private Wealth Management LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. Kozak & Associates Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $33,000. Bank of Jackson Hole Trust acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $43,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $99.46 on Friday. The stock has a market cap of $126.31 billion, a PE ratio of 126.17 and a beta of 0.24. The firm has a fifty day moving average price of $98.21 and a 200 day moving average price of $98.36. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04.

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.