Prudential Financial Inc. Has $522.33 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Prudential Financial Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 5,347,030 shares of the company’s stock after acquiring an additional 510,558 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 0.7% of Prudential Financial Inc.’s portfolio, making the stock its 22nd largest holding. Prudential Financial Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $522,325,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Aspect Partners LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 8.5% in the second quarter. Aspect Partners LLC now owns 43,231 shares of the company’s stock valued at $4,289,000 after acquiring an additional 3,405 shares during the last quarter. Alpha Financial Advisors LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12.3% in the second quarter. Alpha Financial Advisors LLC now owns 13,734 shares of the company’s stock worth $1,362,000 after acquiring an additional 1,500 shares during the last quarter. Linscomb Wealth Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.4% in the 1st quarter. Linscomb Wealth Inc. now owns 64,000 shares of the company’s stock valued at $6,331,000 after purchasing an additional 244 shares in the last quarter. Catalyst Capital Advisors LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 130,085 shares of the company’s stock valued at $12,904,000 after purchasing an additional 4,916 shares during the last quarter. Finally, 1ST Source Bank increased its position in iShares Core U.S. Aggregate Bond ETF by 1.3% during the 2nd quarter. 1ST Source Bank now owns 49,751 shares of the company’s stock worth $4,935,000 after purchasing an additional 616 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $100.44 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35. The company has a market cap of $135.16 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The firm has a 50 day simple moving average of $100.44 and a 200 day simple moving average of $99.17.

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.