Bank OZK Makes New $376,000 Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Bank OZK bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 3,788 shares of the company’s stock, valued at approximately $376,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $1,416,230,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 120.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock valued at $1,706,332,000 after purchasing an additional 9,923,920 shares during the last quarter. TIAA Trust National Association acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $657,826,000. United Services Automobile Association boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 127.4% in the 3rd quarter. United Services Automobile Association now owns 7,073,294 shares of the company’s stock valued at $665,173,000 after purchasing an additional 3,962,762 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 3rd quarter. Raymond James & Associates now owns 61,988,428 shares of the company’s stock valued at $5,829,392,000 after purchasing an additional 3,269,839 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 Up 0.2 %

Shares of AGG traded up $0.21 during mid-day trading on Friday, reaching $95.33. The company had a trading volume of 8,442,514 shares, compared to its average volume of 9,904,551. The firm has a fifty day simple moving average of $96.89 and a 200-day simple moving average of $96.65. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $91.58 and a fifty-two week high of $100.42.

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.