Rakuten Investment Management Inc. Acquires 36,602 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Rakuten Investment Management Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 278,095 shares of the company’s stock after purchasing an additional 36,602 shares during the quarter. Rakuten Investment Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $26,308,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AGG. Bank of America Corp DE boosted its stake in 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. WealthNavi Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock valued at $1,172,692,000 after buying an additional 653,006 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after acquiring an additional 451,566 shares during the last quarter. Royal Bank of Canada increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after acquiring an additional 1,898,484 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 12.7% during the 1st quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock valued at $660,051,000 after acquiring an additional 750,257 shares during the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $95.94 on Wednesday. The firm has a market cap of $139.20 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.83 and a 1-year high of $101.46. The firm’s 50-day simple moving average is $95.79 and its 200-day simple moving average is $98.21.

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.