First Citizens Asset Management Inc. Has $66.83 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

First Citizens Asset Management Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.7% during the third quarter, HoldingsChannel.com reports. The firm owned 659,937 shares of the company’s stock after buying an additional 58,174 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 23.7% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 2nd largest holding. First Citizens Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $66,832,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Raymond James & Associates increased its holdings in iShares Core U.S. Aggregate Bond ETF by 3.5% in the 3rd quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after buying an additional 2,376,267 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock valued at $4,278,608,000 after acquiring an additional 4,641,016 shares during the period. US Bancorp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 11.1% in the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after purchasing an additional 3,717,053 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in iShares Core U.S. Aggregate Bond ETF by 9.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock worth $1,857,893,000 after purchasing an additional 1,704,132 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 16.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after purchasing an additional 2,455,461 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock traded down $0.24 during trading on Tuesday, hitting $97.89. The company had a trading volume of 1,521,298 shares, compared to its average volume of 7,968,889. The company has a fifty day moving average price of $100.25 and a two-hundred day moving average price of $98.55. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.53 and a fifty-two week 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.