iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Bought by Steele Capital Management Inc.

Steele Capital Management Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.6% during the first quarter, Holdings Channel.com reports. The firm owned 803,669 shares of the company’s stock after purchasing an additional 4,836 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 4.1% of Steele Capital Management Inc.’s portfolio, making the stock its 11th largest position. Steele Capital Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $79,499,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its stake in iShares Core U.S. Aggregate Bond ETF by 6.1% during the 4th quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock worth $12,495,021,000 after buying an additional 7,463,618 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $7,545,901,000. Wells Fargo & Company MN lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.9% in the 4th quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock valued at $5,216,733,000 after buying an additional 3,007,758 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock valued at $4,999,828,000 after buying an additional 2,718,705 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the 4th quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock valued at $4,240,174,000 after buying an additional 3,944,353 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $97.96 on Friday. The business has a 50 day simple moving average of $97.76 and a 200-day simple moving average of $97.81. The stock has a market capitalization of $124.41 billion, a P/E ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $102.04.

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.