Integrated Wealth Concepts LLC Buys 40,126 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Integrated Wealth Concepts LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 19.0% during the second quarter, HoldingsChannel.com reports. The fund owned 251,168 shares of the company’s stock after buying an additional 40,126 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,861,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 7.0% in the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock worth $8,465,912,000 after purchasing an additional 5,514,115 shares in the last quarter. Bank of America Corp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after buying an additional 3,032,433 shares during the period. Morgan Stanley lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% in the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after buying an additional 1,245,217 shares during the period. Finally, Betterment LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 6.9% during the 4th quarter. Betterment LLC now owns 26,255,484 shares of the company’s stock worth $2,622,398,000 after buying an additional 1,687,004 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $96.90 on Wednesday. The firm has a market cap of $136.74 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $96.72 and a 12 month high of $101.46. The stock’s fifty day moving average price is $97.66 and its 200-day moving average price is $98.69.

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.