PFG Advisors Takes Position in iShares Core U.S. Aggregate Bond ETF $AGG

PFG Advisors bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, Holdings Channel reports. The firm bought 112,944 shares of the company’s stock, valued at approximately $11,323,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. United Services Automobile Association grew 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 valued at $498,280,000 after buying an additional 2,069,200 shares during the period. Bank of America Corp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 4.6% in 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. Wealth Enhancement Advisory Services LLC raised 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 acquiring an additional 1,607,890 shares during the period. Factory Mutual Insurance Co. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 66.6% in the third quarter. Factory Mutual Insurance Co. now owns 3,755,423 shares of the company’s stock valued at $376,481,000 after acquiring an additional 1,501,823 shares during the last quarter. Finally, Gallagher Fiduciary Advisors LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 7,255.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 1,412,774 shares of the company’s stock valued at $140,147,000 after acquiring an additional 1,393,568 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

iShares Core U.S. Aggregate Bond ETF stock opened at $100.12 on Monday. The firm has a 50 day moving average price of $100.32 and a 200-day moving average price of $100.27. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.15 and a twelve month high of $101.46. The company has a market capitalization of $138.37 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.