Moneda S.A. Administradora General de Fondos Has $7.50 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Moneda S.A. Administradora General de Fondos increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.9% during the 1st quarter, HoldingsChannel reports. The fund owned 75,811 shares of the company’s stock after purchasing an additional 709 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 8.0% of Moneda S.A. Administradora General de Fondos’ investment portfolio, making the stock its 3rd largest holding. Moneda S.A. Administradora General de Fondos’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,499,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in AGG. Wells Fargo & Company MN raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.9% during 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 acquiring an additional 3,007,758 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after purchasing an additional 2,718,705 shares during the period. Bank of America Corp DE grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% during the fourth quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock worth $4,240,174,000 after purchasing an additional 3,944,353 shares during the period. Sagespring Wealth Partners LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $2,473,132,000. Finally, Mercer Global Advisors Inc. ADV lifted its stake in iShares Core U.S. Aggregate Bond ETF by 3.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 23,411,435 shares of the company’s stock valued at $2,268,568,000 after buying an additional 882,233 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of AGG opened at $98.29 on Friday. The stock has a market cap of $128.07 billion, a P/E ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $102.04. The stock’s 50-day moving average price is $98.04 and its two-hundred day moving average price is $97.92.

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.