Sovereign Investment Advisors LLC Increases Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

Sovereign Investment Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 67,620 shares of the company’s stock after purchasing an additional 3,096 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 1.8% of Sovereign Investment Advisors LLC’s holdings, making the stock its 17th biggest position. Sovereign Investment Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,708,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% in the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after buying an additional 9,678,339 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the first quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after acquiring an additional 3,421,606 shares during the last quarter. Betterment LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 10.0% during the first quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock worth $2,164,020,000 after acquiring an additional 1,983,074 shares during the period. Goldman Sachs Group Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 13.9% during the first quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock worth $2,086,731,000 after acquiring an additional 2,567,446 shares during the period. Finally, Northern Trust Corp boosted its position in iShares Core U.S. Aggregate Bond ETF by 14.4% in the first quarter. Northern Trust Corp now owns 16,884,474 shares of the company’s stock worth $1,670,212,000 after purchasing an additional 2,120,169 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG opened at $100.29 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $101.02. The company has a market capitalization of $130.13 billion, a PE ratio of 124.57 and a beta of 0.12. The business has a fifty day moving average price of $99.59 and a two-hundred day moving average price of $98.61.

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.