Penney Financial LLC Acquires 398 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Penney Financial LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,279 shares of the company’s stock after purchasing an additional 398 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 0.6% of Penney Financial LLC’s investment portfolio, making the stock its 15th biggest holding. Penney Financial LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $899,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of AGG. Raymond James & Associates lifted its position in iShares Core U.S. Aggregate Bond ETF by 3.5% during the third quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock valued at $7,196,768,000 after purchasing an additional 2,376,267 shares in the last quarter. US Bancorp DE lifted its position in iShares Core U.S. Aggregate Bond ETF by 11.1% during the third 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 in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,048,808 shares of the company’s stock valued at $1,321,453,000 after purchasing an additional 230,711 shares in the last quarter. First Citizens Bank & Trust Co. lifted its position in iShares Core U.S. Aggregate Bond ETF by 8.6% during the third quarter. First Citizens Bank & Trust Co. now owns 10,322,474 shares of the company’s stock valued at $1,045,357,000 after purchasing an additional 820,373 shares in the last quarter. Finally, WealthNavi Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 2.4% during the third quarter. WealthNavi Inc. now owns 9,862,677 shares of the company’s stock valued at $998,793,000 after purchasing an additional 232,340 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $97.60 on Friday. The stock’s 50-day simple moving average is $97.48 and its 200-day simple moving average is $98.88. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04.

About iShares Core U.S. Aggregate Bond ETF

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.