JPMorgan Chase & Co. Raises Stake in iShares Core U.S. Aggregate Bond ETF $AGG

JPMorgan Chase & Co. lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,618,735 shares of the company’s stock after purchasing an additional 620,855 shares during the period. JPMorgan Chase & Co. owned about 0.86% of iShares Core U.S. Aggregate Bond ETF worth $1,164,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Angeles Investment Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $26,000. North Ridge Wealth Advisors Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $29,000. Collier Financial bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $31,000. JCIC Asset Management Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth about $32,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $40,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of AGG opened at $100.99 on Tuesday. The business’s 50 day moving average is $100.09 and its 200 day moving average is $100.09. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.35. The company has a market capitalization of $139.57 billion, a PE ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF 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.