Exchange Traded Concepts LLC Purchases 326,982 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Exchange Traded Concepts LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,323,410 shares of the company’s stock after purchasing an additional 326,982 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.8% of Exchange Traded Concepts LLC’s investment portfolio, making the stock its 11th biggest position. Exchange Traded Concepts LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $232,062,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AGG. Raymond James Financial Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 2.5% in the 3rd quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after purchasing an additional 1,911,414 shares during the period. Bank of America Corp DE boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock valued at $4,644,198,000 after acquiring an additional 2,423,410 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock valued at $3,331,020,000 after acquiring an additional 4,942,715 shares in the last quarter. Betterment LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 6.5% during the third quarter. Betterment LLC now owns 24,568,480 shares of the company’s stock worth $2,462,990,000 after acquiring an additional 1,500,630 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 8.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,621,070 shares of the company’s stock worth $1,962,495,000 after acquiring an additional 1,507,215 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.0%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.54 on Friday. The stock has a market capitalization of $136.18 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.15 and a twelve month high of $101.46. The company has a 50-day simple moving average of $100.09 and a two-hundred day simple moving average of $100.24.

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.