Park Avenue Securities LLC Raises Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Park Avenue Securities LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 610,516 shares of the company’s stock after buying an additional 56,543 shares during the period. Park Avenue Securities LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $61,204,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% in the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after acquiring an additional 9,678,339 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after acquiring an additional 5,728,914 shares during the period. US Bancorp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 29.1% in the second quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after purchasing an additional 9,922,958 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after purchasing an additional 1,915,497 shares during the period. Finally, Betterment LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% during the 2nd quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock valued at $2,288,331,000 after purchasing an additional 1,191,388 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.0%

Shares of NYSEARCA:AGG opened at $100.02 on Wednesday. The stock has a market capitalization of $135.55 billion, a PE ratio of 124.57 and a beta of 0.25. The firm’s 50 day moving average price is $100.18 and its 200-day moving average price is $99.74. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.35.

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.