Baker Avenue Asset Management LP Has $80.95 Million Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Baker Avenue Asset Management LP raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 799,314 shares of the company’s stock after acquiring an additional 20,749 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 2.6% of Baker Avenue Asset Management LP’s investment portfolio, making the stock its 6th largest position. Baker Avenue Asset Management LP owned 0.07% of iShares Core U.S. Aggregate Bond ETF worth $80,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State of Michigan Retirement System acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $498,454,000. Envestnet Asset Management Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock valued at $4,278,608,000 after purchasing an additional 4,641,016 shares in the last quarter. US Bancorp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 11.1% in the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after purchasing an additional 3,717,053 shares during the last quarter. 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 worth $6,667,630,000 after purchasing an additional 2,640,524 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12,022.8% during the third quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock worth $244,418,000 after purchasing an additional 2,393,623 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $98.50 on Friday. The firm has a 50 day simple moving average of $100.06 and a 200 day simple moving average of $98.58. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.53 and a fifty-two week high of $102.04.

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.