Hsbc Holdings PLC Buys 226,346 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Hsbc Holdings PLC grew its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 17.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,536,135 shares of the company’s stock after acquiring an additional 226,346 shares during the period. Hsbc Holdings PLC owned 0.13% of iShares Core U.S. Aggregate Bond ETF worth $149,113,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Global Assets Advisory LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 12,066.6% in the first quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after purchasing an additional 5,813,688 shares during the period. State of Michigan Retirement System acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $498,454,000. Envestnet Asset Management Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after buying an additional 4,641,016 shares during the last quarter. US Bancorp DE lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% in the fourth quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock valued at $2,879,058,000 after buying an additional 3,071,624 shares during the period. Finally, Raymond James & Associates boosted its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% in the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after acquiring an additional 2,640,524 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.3 %

AGG opened at $101.56 on Thursday. The company has a fifty day moving average price of $99.88 and a two-hundred day moving average price of $97.91. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $102.04.

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.