Ameriprise Financial Inc. Purchases 111,445 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Ameriprise Financial Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,171,335 shares of the company’s stock after purchasing an additional 111,445 shares during the period. Ameriprise Financial Inc. owned about 0.89% of iShares Core U.S. Aggregate Bond ETF worth $992,843,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Vawter Financial Ltd. raised its position in iShares Core U.S. Aggregate Bond ETF by 0.9% during the 2nd quarter. Vawter Financial Ltd. now owns 11,001 shares of the company’s stock worth $1,068,000 after buying an additional 100 shares during the last quarter. Evergreen Capital Management LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 0.6% during the second quarter. Evergreen Capital Management LLC now owns 16,518 shares of the company’s stock worth $1,603,000 after purchasing an additional 105 shares during the last quarter. Bank Hapoalim BM lifted its position in iShares Core U.S. Aggregate Bond ETF by 1.2% during the second quarter. Bank Hapoalim BM now owns 8,782 shares of the company’s stock valued at $852,000 after purchasing an additional 106 shares during the period. CGN Advisors LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 0.4% in the first quarter. CGN Advisors LLC now owns 25,898 shares of the company’s stock valued at $2,536,000 after purchasing an additional 107 shares during the last quarter. Finally, Ruedi Wealth Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 44.8% during the 1st quarter. Ruedi Wealth Management Inc. now owns 346 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $101.20 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 and a 52-week high of $102.04. The business has a 50-day simple moving average of $100.14 and a 200-day simple moving average of $98.01.

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.