LPL Financial LLC Has $675.75 Million Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

LPL Financial LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,961,480 shares of the company’s stock after purchasing an additional 359,345 shares during the quarter. LPL Financial LLC owned 0.61% of iShares Core U.S. Aggregate Bond ETF worth $675,751,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AGG. Raymond James & Associates grew its position in iShares Core U.S. Aggregate Bond ETF by 4.0% during the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after buying an additional 2,640,524 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 5.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 40,781,811 shares of the company’s stock worth $4,047,595,000 after buying an additional 2,209,020 shares in the last quarter. US Bancorp DE raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.8% in the 2nd quarter. US Bancorp DE now owns 33,543,687 shares of the company’s stock valued at $3,256,099,000 after buying an additional 1,844,683 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock worth $1,687,137,000 after acquiring an additional 2,455,461 shares during the period. Finally, Northern Trust Corp boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. Northern Trust Corp now owns 13,975,446 shares of the company’s stock worth $1,387,063,000 after acquiring an additional 167,309 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $101.65 on Wednesday. The firm has a 50 day simple moving average of $99.36 and a two-hundred day simple moving average of $97.73. iShares Core U.S. Aggregate Bond ETF has a one year low of $91.58 and a one year high of $101.70.

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.