Baker Avenue Asset Management LP Has $84.53 Million Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Baker Avenue Asset Management LP decreased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 843,229 shares of the company’s stock after selling 29,005 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.0% of Baker Avenue Asset Management LP’s portfolio, making the stock its 9th largest position. Baker Avenue Asset Management LP owned about 0.06% of iShares Core U.S. Aggregate Bond ETF worth $84,534,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AGG. Angeles Investment Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $26,000. North Ridge Wealth Advisors Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the second quarter worth $29,000. JCIC Asset Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $32,000. Evolution Wealth Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $40,000. Finally, Transce3nd LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% in the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock worth $48,000 after purchasing an additional 222 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1%

Shares of NYSEARCA AGG opened at $100.11 on Friday. The stock’s 50-day moving average is $100.13 and its 200 day moving average is $99.85. The stock has a market cap of $137.01 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $96.15 and a 1-year high of $101.35.

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.