iShares Core U.S. Aggregate Bond ETF $AGG Shares Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 641,837 shares of the company’s stock after purchasing an additional 33,405 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 2.0% of Focus Financial Network Inc.’s portfolio, making the stock its 8th largest holding. Focus Financial Network Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $63,529,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. lifted its holdings in shares of 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 valued at $8,465,912,000 after buying an additional 5,514,115 shares during the period. Bank of America Corp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after buying an additional 15,923,080 shares in the last quarter. US Bancorp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 1.2% during the fourth quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after acquiring an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after acquiring an additional 3,032,433 shares during the period. Finally, Morgan Stanley grew its holdings in iShares Core U.S. Aggregate Bond ETF by 4.0% during the fourth quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after acquiring an additional 1,245,217 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $97.60 on Monday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.12 and a twelve month high of $101.46. The company has a market capitalization of $137.72 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The firm has a 50-day moving average of $98.28 and a two-hundred day moving average of $99.14.

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.