Confluence Investment Management LLC Makes New $484,000 Investment in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Confluence Investment Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 4,990 shares of the company’s stock, valued at approximately $484,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AGG. Arizona PSPRS Trust bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $822,973,000. United Services Automobile Association lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 105.8% during the 3rd quarter. United Services Automobile Association now owns 9,129,161 shares of the company’s stock valued at $924,510,000 after acquiring an additional 4,694,299 shares during the period. Envestnet Asset Management Inc. boosted its stake in 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 acquiring an additional 4,641,016 shares in the last quarter. US Bancorp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 11.1% in the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after purchasing an additional 3,717,053 shares during the period. Finally, International Assets Investment Management LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the third quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock valued at $244,418,000 after purchasing an additional 2,393,623 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $96.91 on Friday. The company’s 50-day moving average is $97.98 and its 200-day moving average is $98.97. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04.

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.