651,869 Shares in iShares Core U.S. Aggregate Bond ETF $AGG Purchased by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 651,869 shares of the company’s stock, valued at approximately $62,175,000. iShares Core U.S. Aggregate Bond ETF accounts for approximately 7.9% of Financial Solutions Advisory Group Inc.’s holdings, making the stock its 2nd largest holding.

Several other hedge funds have also added to or reduced their stakes in AGG. Bank of America Corp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares during the last quarter. D.A. Davidson & CO. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at $548,482,000. Empower Annuity Insurance Co bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at $267,968,630,000. Royal Bank of Canada raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after acquiring an additional 1,898,484 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 144.7% during the first quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after acquiring an additional 1,882,701 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $96.15 on Friday. The firm has a market cap of $139.50 billion, a PE ratio of 124.57 and a beta of 0.26. The firm’s fifty day moving average is $95.87 and its 200-day moving average is $98.28. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $93.83 and a 52 week high of $101.46.

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.