iShares Core U.S. Aggregate Bond ETF $AGG Stock: Center for Financial Planning Inc. Increases Stake

Center for Financial Planning Inc. grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,123,795 shares of the company’s stock after purchasing an additional 39,959 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 9.9% of Center for Financial Planning Inc.’s investment portfolio, making the stock its 2nd largest holding. Center for Financial Planning Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $106,244,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AGG. Bank of America Corp DE boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after buying an additional 15,923,080 shares during the last quarter. Empower Annuity Insurance Co bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at about $267,968,630,000. Royal Bank of Canada grew its position in iShares Core U.S. Aggregate Bond ETF by 39.2% during the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after buying an additional 1,898,484 shares during the period. Fifth Third Bancorp increased its holdings in iShares Core U.S. Aggregate Bond ETF by 144.7% during the first quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock worth $316,032,000 after buying an additional 1,882,701 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $169,512,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $96.05 on Tuesday. The firm has a market cap of $139.45 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $93.83 and a 52 week high of $101.46. The firm’s 50-day simple moving average is $95.98 and its two-hundred day simple moving average is $98.36.

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.