Empower Annuity Insurance Co Purchases Shares of 2,456,850 iShares Core U.S. Aggregate Bond ETF $AGG

Empower Annuity Insurance Co acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,456,850 shares of the company’s stock, valued at approximately $267,968,630,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 100.0% of Empower Annuity Insurance Co’s portfolio, making the stock its largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AGG. Cresta Advisors Ltd. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth approximately $25,000. Blueline Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. First Command Advisory Services Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after buying an additional 212 shares in the last quarter. Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $29,000. Finally, North Ridge Wealth Advisors Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $97.49 on Monday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.12 and a twelve month high of $101.46. The company has a fifty day moving average of $97.95 and a 200-day moving average of $98.88. The firm has a market capitalization of $137.57 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.