Savvy Advisors Inc. Purchases 158,021 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Savvy Advisors Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 50.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 469,663 shares of the company’s stock after acquiring an additional 158,021 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.2% of Savvy Advisors Inc.’s investment portfolio, making the stock its 8th largest holding. Savvy Advisors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $47,084,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in 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 valued at $5,378,443,000 after acquiring an additional 5,728,914 shares in the last quarter. Bank of America Corp DE increased its holdings in 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 worth $4,355,153,000 after purchasing an additional 1,915,497 shares in the last quarter. Betterment LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% in 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. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock valued at $1,813,740,000 after purchasing an additional 1,607,890 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,963,480 shares of the company’s stock valued at $1,186,777,000 after purchasing an additional 417,611 shares in 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 $100.22 on Thursday. The stock has a 50-day simple moving average of $100.03 and a 200 day simple moving average of $100.04. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.15 and a 52-week high of $101.35. The company has a market cap of $138.50 billion, a PE ratio of 124.57 and a beta of 0.25.

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.