Balentine LLC Acquires 10,716 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Balentine LLC raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,341,532 shares of the company’s stock after buying an additional 10,716 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 16.0% of Balentine LLC’s holdings, making the stock its 2nd biggest position. Balentine LLC owned approximately 0.32% of iShares Core U.S. Aggregate Bond ETF worth $435,239,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after purchasing an additional 5,728,914 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $395,573,000. United Services Automobile Association grew its stake in iShares Core U.S. Aggregate Bond ETF by 70.1% during the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after buying an additional 2,069,200 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in the second quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after buying an additional 1,915,497 shares during the last quarter. Finally, RWA Wealth Partners LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 35.0% in the second quarter. RWA Wealth Partners LLC now owns 6,634,648 shares of the company’s stock valued at $658,157,000 after acquiring an additional 1,718,285 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $100.99 on Tuesday. The stock has a market cap of $139.57 billion, a PE ratio of 124.57 and a beta of 0.25. The stock has a 50-day moving average of $100.09 and a 200-day moving average of $100.09. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.35.

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.