Assetmark Inc. Has $47.43 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Assetmark Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 42.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 473,068 shares of the company’s stock after acquiring an additional 140,937 shares during the quarter. Assetmark Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $47,425,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AGG. Envestnet Asset Management Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after purchasing an additional 5,728,914 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock worth $4,355,153,000 after buying an additional 1,915,497 shares during the period. Betterment LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% during the second quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after buying an additional 1,191,388 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock worth $1,813,740,000 after purchasing an additional 1,607,890 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,963,480 shares of the company’s stock valued at $1,186,777,000 after acquiring an additional 417,611 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.3%

NYSEARCA:AGG opened at $100.99 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.15 and a 1 year high of $101.35. The stock has a 50-day moving average price of $100.06 and a two-hundred day moving average price of $100.06. The stock has a market cap of $139.57 billion, a price-to-earnings 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.