Brown Advisory Inc. Purchases 56,205 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Brown Advisory Inc. increased its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 27.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 263,824 shares of the company’s stock after purchasing an additional 56,205 shares during the quarter. Brown Advisory Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $26,171,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aspect Partners LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 8.5% in the 2nd quarter. Aspect Partners LLC now owns 43,231 shares of the company’s stock worth $4,289,000 after purchasing an additional 3,405 shares in the last quarter. Alpha Financial Advisors LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 12.3% in the second quarter. Alpha Financial Advisors LLC now owns 13,734 shares of the company’s stock worth $1,362,000 after buying an additional 1,500 shares during the last quarter. Linscomb Wealth Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.4% in the first quarter. Linscomb Wealth Inc. now owns 64,000 shares of the company’s stock worth $6,331,000 after buying an additional 244 shares in the last quarter. Catalyst Capital Advisors LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.9% during the second quarter. Catalyst Capital Advisors LLC now owns 130,085 shares of the company’s stock valued at $12,904,000 after buying an additional 4,916 shares during the last quarter. Finally, 1ST Source Bank grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the second quarter. 1ST Source Bank now owns 49,751 shares of the company’s stock valued at $4,935,000 after buying an additional 616 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

Shares of NYSEARCA AGG opened at $100.03 on Friday. The company has a 50 day moving average of $100.47 and a 200 day moving average of $99.38. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.35. The firm has a market cap of $134.61 billion, a P/E ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF Company 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.