Pinnacle Wealth Planning Services Inc. Boosts Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Pinnacle Wealth Planning Services Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,258 shares of the company’s stock after buying an additional 3,453 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up approximately 0.6% of Pinnacle Wealth Planning Services Inc.’s portfolio, making the stock its 27th largest position. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,688,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its position in iShares Core U.S. Aggregate Bond ETF by 7.5% in the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock valued at $13,686,743,000 after purchasing an additional 9,678,339 shares during the period. Raymond James Financial Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock worth $8,041,669,000 after purchasing an additional 3,421,606 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after buying an additional 5,728,914 shares during the period. US Bancorp DE lifted its position in iShares Core U.S. Aggregate Bond ETF by 29.1% in the second quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock valued at $4,363,640,000 after buying an additional 9,922,958 shares during the last quarter. Finally, Betterment LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 10.0% during the first quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock worth $2,164,020,000 after buying an additional 1,983,074 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $100.02 on Tuesday. The firm has a 50-day simple moving average of $100.46 and a two-hundred day simple moving average of $99.12. The stock has a market cap of $134.60 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35.

iShares Core U.S. Aggregate Bond ETF Company 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.