Cornerstone Wealth Group LLC Grows Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cornerstone Wealth Group LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 792,962 shares of the company’s stock after purchasing an additional 18,350 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 7.1% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 2nd largest position. Cornerstone Wealth Group LLC owned 0.07% of iShares Core U.S. Aggregate Bond ETF worth $77,663,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock valued at $8,395,146,000 after buying an additional 2,551,739 shares in the last quarter. Raymond James & Associates grew its holdings in iShares Core U.S. Aggregate Bond ETF by 1.7% in the fourth quarter. Raymond James & Associates now owns 63,061,225 shares of the company’s stock worth $6,258,826,000 after purchasing an additional 1,072,797 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 40,781,811 shares of the company’s stock valued at $4,047,595,000 after purchasing an additional 2,209,020 shares in the last quarter. US Bancorp DE lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the fourth quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock valued at $2,879,058,000 after purchasing an additional 3,071,624 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% in the 3rd quarter. Morgan Stanley now owns 25,070,989 shares of the company’s stock worth $2,357,676,000 after purchasing an additional 440,988 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG traded down $0.48 during trading on Friday, reaching $97.07. 12,781,548 shares of the company traded hands, compared to its average volume of 5,640,711. The firm has a 50 day simple moving average of $96.67 and a 200-day simple moving average of $97.38. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 and a 52-week high of $99.70.

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.