Balentine LLC Purchases 2,123,395 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Balentine LLC raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 86.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 4,580,986 shares of the company’s stock after acquiring an additional 2,123,395 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 18.3% of Balentine LLC’s holdings, making the stock its 2nd largest position. Balentine LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $463,916,000 at the end of the most recent reporting period.

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

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $98.36 on Wednesday. The stock’s 50 day moving average is $100.20 and its 200-day moving average is $98.57. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $93.53 and a twelve month high of $102.04.

iShares Core U.S. Aggregate Bond ETF Company Profile

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.