Permanent Capital Management LP Purchases Shares of 136,297 iShares Core U.S. Aggregate Bond ETF $AGG

Permanent Capital Management LP acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 136,297 shares of the company’s stock, valued at approximately $13,664,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.6% of Permanent Capital Management LP’s portfolio, making the stock its 9th biggest holding.

Other hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp raised its holdings in iShares Core U.S. Aggregate Bond ETF by 7.5% during the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after buying an additional 9,678,339 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after acquiring an additional 5,728,914 shares during the period. US Bancorp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.1% during the second quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock valued at $4,363,640,000 after acquiring an additional 9,922,958 shares during the period. Bank of America Corp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after acquiring an additional 1,915,497 shares in the last quarter. Finally, Betterment LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 5.4% in the 2nd quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after purchasing an additional 1,191,388 shares during the period. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.0%

Shares of AGG stock opened at $100.04 on Monday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35. The stock’s fifty day simple moving average is $100.35 and its 200-day simple moving average is $99.65. The company has a market capitalization of $134.62 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.