iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Position Increased by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.5% during the 4th quarter, Holdings Channel reports. The firm owned 1,047,403 shares of the company’s stock after acquiring an additional 91,178 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 1.4% of Sumitomo Mitsui Financial Group Inc.’s holdings, making the stock its 10th biggest position. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $101,493,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Prevail Innovative Wealth Advisors LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 32.1% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 17,314 shares of the company’s stock valued at $1,678,000 after buying an additional 4,207 shares during the last quarter. Diversified Enterprises LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 6.6% in the fourth quarter. Diversified Enterprises LLC now owns 122,104 shares of the company’s stock worth $11,832,000 after acquiring an additional 7,526 shares during the last quarter. Professional Financial Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% in the fourth quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock valued at $64,413,000 after acquiring an additional 8,242 shares in the last quarter. Fairvoy Private Wealth LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $12,479,000. Finally, WealthTrust Asset Management LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 0.3% in the 4th quarter. WealthTrust Asset Management LLC now owns 59,467 shares of the company’s stock valued at $5,762,000 after purchasing an additional 198 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.1 %

Shares of AGG stock opened at $99.46 on Monday. The company has a market capitalization of $126.31 billion, a price-to-earnings ratio of 126.17 and a beta of 0.24. The firm has a 50-day moving average price of $98.21 and a 200 day moving average price of $98.31. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month 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.