Alliancebernstein L.P. Raises Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Alliancebernstein L.P. increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,651,804 shares of the company’s stock after buying an additional 88,807 shares during the period. Alliancebernstein L.P. owned about 0.20% of iShares Core U.S. Aggregate Bond ETF worth $265,843,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 6.5% during the third quarter. Ameriprise Financial Inc. now owns 15,507,033 shares of the company’s stock worth $1,557,207,000 after acquiring an additional 944,002 shares during the period. Ancora Advisors LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.5% during the third quarter. Ancora Advisors LLC now owns 59,595 shares of the company’s stock valued at $5,974,000 after acquiring an additional 883 shares during the period. Raymond James Financial Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 79,246,704 shares of the company’s stock valued at $7,944,482,000 after buying an additional 1,911,414 shares during the period. Equitable Holdings Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the 3rd quarter. Equitable Holdings Inc. now owns 411,311 shares of the company’s stock valued at $41,234,000 after buying an additional 7,405 shares during the period. Finally, Man Group plc increased its holdings in iShares Core U.S. Aggregate Bond ETF by 6.6% in the third quarter. Man Group plc now owns 285,398 shares of the company’s stock worth $28,611,000 after buying an additional 17,757 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $99.21 on Monday. The firm has a market cap of $137.11 billion, a P/E ratio of 124.57 and a beta of 0.25. The business has a 50 day moving average price of $100.30 and a 200 day moving average price of $100.28. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.15 and a twelve month high of $101.46.

About iShares Core U.S. Aggregate Bond ETF

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.