Rhumbline Advisers Increases Position in iShares Core U.S. Aggregate Bond ETF $AGG

Rhumbline Advisers grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 35.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 518,398 shares of the company’s stock after purchasing an additional 136,061 shares during the quarter. Rhumbline Advisers’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $51,969,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings 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 valued at $5,378,443,000 after buying an additional 5,728,914 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $395,573,000. United Services Automobile Association increased its position in iShares Core U.S. Aggregate Bond ETF by 70.1% during the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after purchasing an additional 2,069,200 shares during the last quarter. Bank of America Corp DE increased its position 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 purchasing an additional 1,915,497 shares during the last quarter. Finally, RWA Wealth Partners LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 35.0% during the second quarter. RWA Wealth Partners LLC now owns 6,634,648 shares of the company’s stock worth $658,157,000 after purchasing an additional 1,718,285 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $100.99 on Friday. The firm has a 50 day simple moving average of $100.06 and a 200-day simple moving average of $100.06. The stock has a market cap of $139.57 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $96.15 and a 1-year high of $101.35.

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.