iShares Core U.S. Aggregate Bond ETF $AGG Stock Purchased by Root Financial Partners LLC

Root Financial Partners LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 159.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,423 shares of the company’s stock after purchasing an additional 7,627 shares during the period. Root Financial Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,174,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Carter Financial Group INC. lifted its position in iShares Core U.S. Aggregate Bond ETF by 15.9% during the 3rd quarter. Carter Financial Group INC. now owns 4,303 shares of the company’s stock worth $407,000 after acquiring an additional 591 shares in the last quarter. Cadinha & Co. LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $250,000. SBI Securities Co. Ltd. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 4.6% in the 3rd quarter. SBI Securities Co. Ltd. now owns 236,175 shares of the company’s stock worth $22,328,000 after acquiring an additional 10,332 shares during the period. Pinnacle Bancorp Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 36.8% in the third quarter. Pinnacle Bancorp Inc. now owns 22,679 shares of the company’s stock valued at $2,144,000 after acquiring an additional 6,103 shares in the last quarter. Finally, Cypress Wealth Services LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 69.3% in the third quarter. Cypress Wealth Services LLC now owns 4,838 shares of the company’s stock valued at $457,000 after acquiring an additional 1,981 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 Stock Up 0.9%

AGG opened at $96.12 on Friday. The firm has a market capitalization of $139.56 billion, a P/E ratio of 124.57 and a beta of 0.26. The firm’s 50 day moving average is $96.00 and its 200-day moving average is $97.65. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week 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.