iShares Core U.S. Aggregate Bond ETF $AGG Stock: Factory Mutual Insurance Co. Boosts Stake

Factory Mutual Insurance Co. boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 37.9% during the third quarter, Holdings Channel reports. The institutional investor owned 4,055,924 shares of the company’s stock after purchasing an additional 1,115,000 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises approximately 3.4% of Factory Mutual Insurance Co.’s portfolio, making the stock its 6th largest holding. Factory Mutual Insurance Co.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $383,447,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Financial Network Wealth Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $27,000. Main Street Group LTD acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $30,000. John Boyer Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $33,000. Investors Research Corp raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 73.4% in the second quarter. Investors Research Corp now owns 352 shares of the company’s stock valued at $35,000 after purchasing an additional 149 shares during the last quarter. Finally, Downshift Financial LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 306.9% in the third quarter. Downshift Financial LLC now owns 415 shares of the company’s stock worth $39,000 after purchasing an additional 313 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2%

Shares of AGG stock opened at $95.94 on Wednesday. The company’s fifty day simple moving average is $95.79 and its 200-day simple moving average is $98.21. The firm has a market cap of $139.20 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.83 and a 12 month 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.