TIAA Trust National Association Purchases 42,291 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

TIAA Trust National Association increased its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,562,744 shares of the company’s stock after buying an additional 42,291 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 2.1% of TIAA Trust National Association’s investment portfolio, making the stock its 13th largest position. TIAA Trust National Association’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $855,695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in AGG. Blueline Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $25,000. Cresta Advisors Ltd. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares in the last quarter. First Command Advisory Services Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 321.2% during the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after buying an additional 212 shares during the period. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $98.17 on Tuesday. The firm’s fifty day simple moving average is $98.97 and its two-hundred day simple moving average is $99.72. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $97.27 and a 12-month high of $101.46. The firm has a market capitalization of $134.13 billion, a P/E ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF 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.