Clune & Associates LTD. Raises Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Clune & Associates LTD. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,013 shares of the company’s stock after buying an additional 123 shares during the quarter. Clune & Associates LTD.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,584,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $7,545,901,000. Wells Fargo & Company MN lifted its stake in iShares Core U.S. Aggregate Bond ETF by 5.9% during the fourth quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after purchasing an additional 3,007,758 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after purchasing an additional 2,718,705 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% during the 4th quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock valued at $4,240,174,000 after purchasing an additional 3,944,353 shares during the last quarter. Finally, Sagespring Wealth Partners LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $2,473,132,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $98.67 on Thursday. The company has a market capitalization of $128.08 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $102.04. The company’s 50 day moving average price is $97.99 and its two-hundred day moving average price is $97.79.

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.