Sumitomo Mitsui Financial Group Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 2.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,351,604 shares of the company’s stock after buying an additional 35,169 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 2.4% of Sumitomo Mitsui Financial Group Inc.’s investment portfolio, making the stock its 5th largest holding. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $134,998,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock worth $7,944,482,000 after buying an additional 1,911,414 shares during the period. Bank of America Corp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 5.5% during the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after buying an additional 2,423,410 shares during the period. US Bancorp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% during the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after buying an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in iShares Core U.S. Aggregate Bond ETF by 17.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after buying an additional 4,942,715 shares during the period. Finally, Betterment LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6.5% during the third quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock worth $2,462,990,000 after buying an additional 1,500,630 shares during the period. 83.63% of the stock is owned by hedge funds and other institutional investors.
iShares Core U.S. Aggregate Bond ETF Stock Up 0.6%
NYSEARCA AGG opened at $98.88 on Friday. The firm has a market capitalization of $135.10 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week high of $101.46. The company has a fifty day moving average of $98.94 and a two-hundred day moving average of $99.69.
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.
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Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).
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