Focus Financial Network Inc. Acquires 77,575 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Focus Financial Network Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 568,391 shares of the company’s stock after purchasing an additional 77,575 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 2.2% of Focus Financial Network Inc.’s portfolio, making the stock its 8th largest position. Focus Financial Network Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $55,077,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Raymond James & Associates raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.5% during the 3rd quarter. Raymond James & Associates now owns 71,065,150 shares of the company’s stock worth $7,196,768,000 after purchasing an additional 2,376,267 shares in the last quarter. US Bancorp DE increased its holdings in iShares Core U.S. Aggregate Bond ETF by 11.1% in the third quarter. US Bancorp DE now owns 37,260,740 shares of the company’s stock worth $3,697,061,000 after buying an additional 3,717,053 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised 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 acquiring an additional 230,711 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 8.6% in 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 acquiring an additional 820,373 shares during the last quarter. Finally, WealthNavi Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 2.4% in the third quarter. WealthNavi Inc. now owns 9,862,677 shares of the company’s stock worth $998,793,000 after acquiring an additional 232,340 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $97.49 on Tuesday. The company’s fifty day moving average is $97.34 and its 200-day moving average is $98.86. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $94.85 and a 12 month 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.