Simmons Bank Grows Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Simmons Bank grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.9% during the fourth quarter, HoldingsChannel reports. The fund owned 47,586 shares of the company’s stock after purchasing an additional 909 shares during the period. Simmons Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,723,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp increased its position in iShares Core U.S. Aggregate Bond ETF by 2.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 89,272,076 shares of the company’s stock worth $8,395,146,000 after purchasing an additional 2,551,739 shares during the period. Raymond James & Associates raised its position in iShares Core U.S. Aggregate Bond ETF by 1.7% in the fourth quarter. Raymond James & Associates now owns 63,061,225 shares of the company’s stock worth $6,258,826,000 after acquiring an additional 1,072,797 shares in the last quarter. US Bancorp DE lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 9.9% in the third quarter. US Bancorp DE now owns 25,936,364 shares of the company’s stock valued at $2,438,642,000 after acquiring an additional 2,346,840 shares during the period. Morgan Stanley boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the 3rd quarter. Morgan Stanley now owns 25,070,989 shares of the company’s stock worth $2,357,676,000 after purchasing an additional 440,988 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 120.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,145,366 shares of the company’s stock worth $1,706,332,000 after purchasing an additional 9,923,920 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG traded down $0.18 during trading hours on Wednesday, reaching $96.28. The company had a trading volume of 3,767,122 shares, compared to its average volume of 9,192,016. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $91.58 and a 12-month high of $100.19. The firm has a 50 day simple moving average of $96.72 and a 200-day simple moving average of $96.83.

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.