XML Financial LLC Increases Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

XML Financial LLC grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.8% during the 3rd quarter, Holdings Channel reports. The fund owned 39,638 shares of the company’s stock after buying an additional 2,873 shares during the quarter. XML Financial LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in AGG. Raymond James & Associates boosted its position 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. Envestnet Asset Management Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 11.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after buying an additional 4,641,016 shares in the last quarter. US Bancorp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 11.1% during 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 period. Mercer Global Advisors Inc. ADV increased its holdings in iShares Core U.S. Aggregate Bond ETF by 9.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock valued at $1,857,893,000 after buying an additional 1,704,132 shares in the last quarter. Finally, Creative Planning lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the 2nd quarter. Creative Planning now owns 12,959,116 shares of the company’s stock valued at $1,257,941,000 after acquiring an additional 318,944 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $98.50 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.53 and a 1-year high of $102.04. The stock’s 50 day simple moving average is $100.06 and its 200 day simple moving average is $98.58.

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.