Bauman Advisory Group LLC Makes New $2.87 Million Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Bauman Advisory Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 28,856 shares of the company’s stock, valued at approximately $2,865,000. iShares Core U.S. Aggregate Bond ETF accounts for about 2.0% of Bauman Advisory Group LLC’s portfolio, making the stock its 14th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after buying an additional 5,514,115 shares in the last quarter. Bank of America Corp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 16.0% during the fourth quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares during the last quarter. US Bancorp DE raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock valued at $4,279,296,000 after buying an additional 489,837 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares during the last quarter. Finally, Morgan Stanley boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.0%

Shares of AGG stock opened at $98.13 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.51 and a 52 week high of $101.46. The firm has a 50 day moving average of $98.57 and a two-hundred day moving average of $99.41. The stock has a market capitalization of $138.46 billion, a PE ratio of 124.57 and a beta of 0.25.

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.