Parallel Advisors LLC Grows Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Parallel Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 24.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 324,740 shares of the company’s stock after purchasing an additional 63,067 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 0.6% of Parallel Advisors LLC’s portfolio, making the stock its 28th largest position. Parallel Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $32,237,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Valley National Advisers Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. Blueline Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $25,000. First Command Advisory Services Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $29,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $97.66 on Wednesday. The stock’s 50-day simple moving average is $98.36 and its 200-day simple moving average is $99.19. The firm has a market capitalization of $137.81 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.12 and a fifty-two week high of $101.46.

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.