Stockman Wealth Management Inc. Grows Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Stockman Wealth Management Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 26.2% during the third quarter, HoldingsChannel.com reports. The firm owned 26,513 shares of the company’s stock after purchasing an additional 5,506 shares during the quarter. Stockman Wealth Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,658,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% during the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after buying an additional 9,678,339 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock worth $5,378,443,000 after buying an additional 5,728,914 shares in the last quarter. US Bancorp DE increased its stake in iShares Core U.S. Aggregate Bond ETF by 29.1% in the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after acquiring an additional 9,922,958 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after acquiring an additional 1,915,497 shares in the last quarter. Finally, Betterment LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.4% in the second quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after purchasing an additional 1,191,388 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $100.04 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35. The company has a market capitalization of $134.62 billion, a P/E ratio of 124.57 and a beta of 0.25. The firm’s 50 day simple moving average is $100.35 and its 200 day simple moving average is $99.62.

iShares Core U.S. Aggregate Bond ETF 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.