Retirement Planning Group LLC Raises Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Retirement Planning Group LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 262.8% in the first quarter, Holdings Channel.com reports. The fund owned 24,092 shares of the company’s stock after purchasing an additional 17,452 shares during the period. Retirement Planning Group LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,392,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares in the last quarter. Bank of America Corp DE boosted its position 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 grew its holdings in iShares Core U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after purchasing an additional 489,837 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock valued at $3,621,605,000 after purchasing an additional 3,032,433 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of 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 valued at $3,244,444,000 after buying an additional 1,245,217 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4%

NYSEARCA:AGG opened at $97.71 on Tuesday. The company has a market capitalization of $137.76 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.51 and a 52-week high of $101.46. The stock has a fifty day simple moving average of $98.62 and a 200-day simple moving average of $99.45.

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.