Principal Financial Group Inc. Increases Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Principal Financial Group Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 251.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 567,041 shares of the company’s stock after buying an additional 405,537 shares during the period. Principal Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $56,636,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Allegheny Financial Group purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $207,000. Ascent Wealth Partners LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.3% during the 4th quarter. Ascent Wealth Partners LLC now owns 23,423 shares of the company’s stock valued at $2,339,000 after buying an additional 521 shares in the last quarter. Vista Capital Partners Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $746,000. FWG Holdings LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 72.1% during the 4th quarter. FWG Holdings LLC now owns 18,597 shares of the company’s stock valued at $1,862,000 after buying an additional 7,792 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.3% during the 4th quarter. Truist Financial Corp now owns 7,640,520 shares of the company’s stock valued at $763,135,000 after buying an additional 313,094 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $99.18 on Friday. The stock’s 50 day simple moving average is $99.55 and its 200 day simple moving average is $100.04. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.66 and a 1 year high of $101.46. The firm has a market cap of $135.51 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.