Rakuten Investment Management Inc. Buys Shares of 118,910 iShares Core U.S. Aggregate Bond ETF $AGG

Rakuten Investment Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 118,910 shares of the company’s stock, valued at approximately $11,922,000.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE lifted its holdings 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 valued at $4,363,640,000 after buying an additional 9,922,958 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after acquiring an additional 5,728,914 shares in the last quarter. Nisa Investment Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $395,573,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 12.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,959,615 shares of the company’s stock valued at $1,880,794,000 after purchasing an additional 2,093,359 shares during the period. Finally, United Services Automobile Association boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 70.1% during the 2nd quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock valued at $498,280,000 after purchasing an additional 2,069,200 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $100.00 on Thursday. The stock has a market capitalization of $136.50 billion, a P/E ratio of 124.57 and a beta of 0.25. The business has a 50 day simple moving average of $100.13 and a 200 day simple moving average of $99.84. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year 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.