iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Purchased by Opes Wealth Management LLC

Opes Wealth Management LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.9% in the third quarter, HoldingsChannel.com reports. The fund owned 83,248 shares of the company’s stock after purchasing an additional 2,318 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 1.6% of Opes Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Opes Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,431,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. State of Michigan Retirement System purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $498,454,000. Envestnet Asset Management Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after purchasing an additional 4,641,016 shares during the period. US Bancorp DE boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 11.1% in the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after purchasing an additional 3,717,053 shares during the last quarter. Raymond James & Associates grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% in the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after buying an additional 2,640,524 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after buying an additional 2,455,461 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.7 %

AGG stock opened at $97.72 on Monday. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.37 and a one year high of $102.04. The firm’s 50 day moving average price is $100.30 and its 200-day moving average price is $98.53.

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.