D.A. Davidson & CO. Raises Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

D.A. Davidson & CO. increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,167,126 shares of the company’s stock after purchasing an additional 335,899 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 3.1% of D.A. Davidson & CO.’s portfolio, making the stock its 4th biggest holding. D.A. Davidson & CO. owned 0.38% of iShares Core U.S. Aggregate Bond ETF worth $512,941,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AGG. Raymond James Financial Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after acquiring an additional 5,514,115 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 16.0% during the fourth quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares in the last quarter. US Bancorp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1.2% during the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after purchasing an additional 489,837 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in iShares Core U.S. Aggregate Bond ETF by 9.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares in the last quarter. Finally, Morgan Stanley lifted its position in iShares Core U.S. Aggregate Bond ETF by 4.0% in the fourth quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $98.14 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46. The stock has a fifty day moving average price of $98.59 and a two-hundred day moving average price of $99.43. The firm has a market cap of $138.48 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.