iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 278,095 shares of the company’s stock after buying an additional 36,602 shares during the period. Rakuten Investment Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $26,308,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AGG. Financial Network Wealth Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $27,000. Main Street Group LTD acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $30,000. John Boyer Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $33,000. Investors Research Corp raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 73.4% in the 2nd quarter. Investors Research Corp now owns 352 shares of the company’s stock worth $35,000 after purchasing an additional 149 shares during the period. Finally, Downshift Financial LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 306.9% in the 3rd quarter. Downshift Financial LLC now owns 415 shares of the company’s stock worth $39,000 after purchasing an additional 313 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $95.94 on Wednesday. The firm has a market capitalization of $139.20 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.83 and a 1-year high of $101.46. The business’s 50-day simple moving average is $95.79 and its 200-day simple moving average is $98.21.

iShares Core U.S. Aggregate Bond ETF 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.