Penney Financial LLC Buys 30,202 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Penney Financial LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 303.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,166 shares of the company’s stock after purchasing an additional 30,202 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.0% of Penney Financial LLC’s holdings, making the stock its 13th largest holding. Penney Financial LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,984,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AGG. Brighton Jones LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after purchasing an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after purchasing an additional 3,044 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth $842,000. UMB Bank n.a. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 1st quarter. UMB Bank n.a. now owns 11,662 shares of the company’s stock worth $1,154,000 after purchasing an additional 617 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 12.6% during the first quarter. Wealthcare Advisory Partners LLC now owns 376,256 shares of the company’s stock worth $37,219,000 after acquiring an additional 42,230 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2%

AGG stock opened at $100.13 on Wednesday. The business’s 50-day moving average price is $99.68 and its two-hundred day moving average price is $98.63. The firm has a market cap of $132.13 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.02.

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.