Gradient Investments LLC Buys 1,593 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Gradient Investments LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 71.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,836 shares of the company’s stock after purchasing an additional 1,593 shares during the quarter. Gradient Investments LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $372,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in AGG. Raymond James & Associates boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.7% in the 1st quarter. Raymond James & Associates now owns 66,048,359 shares of the company’s stock valued at $6,468,776,000 after buying an additional 2,987,134 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 5.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 40,781,811 shares of the company’s stock worth $4,047,595,000 after purchasing an additional 2,209,020 shares in the last quarter. US Bancorp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.3% in the 1st quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $3,104,615,000 after purchasing an additional 2,691,016 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 16.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after purchasing an additional 2,455,461 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% in the 4th quarter. Northern Trust Corp now owns 13,975,446 shares of the company’s stock worth $1,387,063,000 after purchasing an additional 167,309 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGG traded up $0.24 during trading on Friday, hitting $100.12. 6,507,875 shares of the stock traded hands, compared to its average volume of 8,106,501. The company has a fifty day moving average price of $98.24 and a two-hundred day moving average price of $97.37. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 and a 52-week high of $100.89.

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.