Verus Capital Partners LLC Increases Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Verus Capital Partners LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,465 shares of the company’s stock after purchasing an additional 372 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $553,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in AGG. State of Michigan Retirement System purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $498,454,000. Envestnet Asset Management Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% in 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 period. US Bancorp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 11.1% during the 3rd quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock valued at $3,697,061,000 after acquiring an additional 3,717,053 shares in the last quarter. Raymond James & Associates grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after acquiring an additional 2,640,524 shares during the period. Finally, International Assets Investment Management LLC raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 12,022.8% in the 3rd quarter. International Assets Investment Management LLC now owns 2,413,532 shares of the company’s stock worth $244,418,000 after acquiring 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 Stock Performance

NYSEARCA AGG opened at $97.71 on Wednesday. The stock’s 50 day moving average is $100.02 and its 200 day moving average is $98.65. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $93.53 and a twelve month 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.