Wellington Management Group LLP Raises Stock Holdings in Aegon Ltd. (NYSE:AEG)

Wellington Management Group LLP raised its holdings in shares of Aegon Ltd. (NYSE:AEG) by 21.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,484,791 shares of the financial services provider’s stock after acquiring an additional 780,339 shares during the period. Wellington Management Group LLP owned approximately 0.20% of Aegon worth $28,658,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in Aegon by 8.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,920,536 shares of the financial services provider’s stock valued at $30,163,000 after acquiring an additional 394,114 shares during the period. Dorsey Wright & Associates acquired a new stake in Aegon during the second quarter worth about $2,228,000. Employees Retirement System of Texas purchased a new stake in shares of Aegon during the 2nd quarter valued at approximately $1,980,000. BNP Paribas Financial Markets lifted its stake in shares of Aegon by 41,167.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 197,670 shares of the financial services provider’s stock valued at $1,263,000 after purchasing an additional 197,191 shares during the last quarter. Finally, Raymond James & Associates lifted its position in Aegon by 5.7% in the third quarter. Raymond James & Associates now owns 2,517,071 shares of the financial services provider’s stock valued at $16,084,000 after buying an additional 136,208 shares during the last quarter. 4.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of Aegon from a “neutral” rating to a “buy” rating in a report on Tuesday, October 22nd.

Aegon Trading Down 1.1 %

AEG opened at $6.31 on Friday. Aegon Ltd. has a one year low of $5.53 and a one year high of $6.96. The business’s 50-day simple moving average is $6.37 and its 200-day simple moving average is $6.27.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.