3,542,133 Shares in iShares Core U.S. Aggregate Bond ETF $AGG Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, Holdings Channel reports. The firm purchased 3,542,133 shares of the company’s stock, valued at approximately $334,873,000. iShares Core U.S. Aggregate Bond ETF accounts for about 1.0% of Retirement Systems of Alabama’s investment portfolio, making the stock its 19th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 36.5% in the third quarter. Kohmann Bosshard Financial Services LLC now owns 20,865 shares of the company’s stock valued at $1,973,000 after acquiring an additional 5,576 shares during the last quarter. Missouri Trust & Investment Co grew its position in iShares Core U.S. Aggregate Bond ETF by 6.2% during the third quarter. Missouri Trust & Investment Co now owns 4,398 shares of the company’s stock valued at $416,000 after acquiring an additional 256 shares during the period. Bryn Mawr Trust Advisors LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% during the third quarter. Bryn Mawr Trust Advisors LLC now owns 331,052 shares of the company’s stock worth $31,298,000 after acquiring an additional 12,659 shares during the last quarter. Brickley Wealth Management increased its stake in iShares Core U.S. Aggregate Bond ETF by 8.0% during the third quarter. Brickley Wealth Management now owns 4,249 shares of the company’s stock worth $402,000 after acquiring an additional 315 shares during the last quarter. Finally, Edgemoor Investment Advisors Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $2,301,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $96.58 on Tuesday. The stock’s 50-day moving average is $95.69 and its 200-day moving average is $98.15. The company has a market cap of $139.20 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.83 and a 12 month high of $101.46.

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.