Rebalance LLC Purchases 25,155 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Rebalance LLC raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,296,424 shares of the company’s stock after purchasing an additional 25,155 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 9.4% of Rebalance LLC’s holdings, making the stock its 4th largest holding. Rebalance LLC owned 0.10% of iShares Core U.S. Aggregate Bond ETF worth $128,242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of AGG. Raymond James Financial Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $7,545,901,000. Sagespring Wealth Partners LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $2,473,132,000. Ameriprise Financial Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 75.4% in the fourth quarter. Ameriprise Financial Inc. now owns 19,130,645 shares of the company’s stock valued at $1,853,830,000 after acquiring an additional 8,223,945 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 6.1% in the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after acquiring an additional 7,463,618 shares during the last quarter. Finally, Arizona PSPRS Trust increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 64.2% in the fourth quarter. Arizona PSPRS Trust now owns 13,346,704 shares of the company’s stock valued at $1,293,296,000 after acquiring an additional 5,220,182 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $97.96 on Monday. The stock’s 50-day simple moving average is $97.76 and its 200 day simple moving average is $97.80. The company has a market cap of $124.41 billion, a P/E ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $102.04.

iShares Core U.S. Aggregate Bond ETF 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.