iShares Core U.S. Aggregate Bond ETF $AGG Stock Purchased by North Dakota State Investment Board

North Dakota State Investment Board boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1,070.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 309,611 shares of the company’s stock after purchasing an additional 283,151 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 1.1% of North Dakota State Investment Board’s portfolio, making the stock its 14th largest holding. North Dakota State Investment Board’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $29,271,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AGG. Farmers & Merchants Investments Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at $8,772,000. Iowa State Bank purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $1,636,000. Montecito Bank & Trust purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $14,385,000. Ironwood Wealth Management LLC. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $3,964,000. Finally, Center for Financial Planning Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 3.7% in the 3rd quarter. Center for Financial Planning Inc. now owns 1,123,795 shares of the company’s stock worth $106,244,000 after purchasing an additional 39,959 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $95.89 on Thursday. The stock has a 50-day simple moving average of $95.90 and a two-hundred day simple moving average of $98.30. The firm has a market capitalization of $139.13 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46.

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.