US Bancorp DE Has $2.88 Billion Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

US Bancorp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,007,988 shares of the company’s stock after acquiring an additional 3,071,624 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 4.3% of US Bancorp DE’s portfolio, making the stock its 3rd largest holding. US Bancorp DE owned approximately 2.80% of iShares Core U.S. Aggregate Bond ETF worth $2,879,058,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in AGG. Truist Financial Corp increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 15.2% during the 4th quarter. Truist Financial Corp now owns 6,382,581 shares of the company’s stock valued at $633,471,000 after purchasing an additional 840,304 shares during the last quarter. Cherry Tree Wealth Management LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 26.4% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 32,582 shares of the company’s stock valued at $3,234,000 after purchasing an additional 6,799 shares during the last quarter. Consolidated Planning Corp acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $225,000. JMG Financial Group Ltd. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 1.8% in the 4th quarter. JMG Financial Group Ltd. now owns 14,374 shares of the company’s stock worth $1,427,000 after purchasing an additional 258 shares in the last quarter. Finally, Kozak & Associates Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2 %

Shares of AGG stock traded down $0.21 during mid-day trading on Thursday, reaching $96.53. The stock had a trading volume of 3,559,035 shares, compared to its average volume of 8,784,125. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $91.58 and a 1-year high of $99.70. The business’s fifty day moving average is $96.47 and its 200-day moving average is $97.10.

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.