Victory Capital Management Inc. Boosts Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Victory Capital Management Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 729,775 shares of the company’s stock after buying an additional 12,472 shares during the period. Victory Capital Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $70,715,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. Kozak & Associates Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $26,000. Newbridge Financial Services Group Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $33,000. Bank of Jackson Hole Trust purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $35,000. Finally, Stonebridge Financial Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $43,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1 %

AGG stock opened at $98.47 on Friday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The company has a fifty day simple moving average of $97.39 and a two-hundred day simple moving average of $98.69. The firm has a market capitalization of $124.07 billion, a P/E ratio of 125.24 and a beta of 0.20.

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.