iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) is Simplify Asset Management Inc.’s 2nd Largest Position

Simplify Asset Management Inc. grew its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 186.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,692,591 shares of the company’s stock after buying an additional 1,101,573 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 11.0% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 2nd biggest position. Simplify Asset Management Inc. owned 0.15% of iShares Core U.S. Aggregate Bond ETF worth $164,300,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Global Assets Advisory LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12,066.6% in the 1st quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after acquiring an additional 5,813,688 shares during the last quarter. State of Michigan Retirement System purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $498,454,000. Envestnet Asset Management Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after purchasing an additional 4,641,016 shares during the last quarter. US Bancorp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 11.8% during the fourth quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock valued at $2,879,058,000 after buying an additional 3,071,624 shares during the period. Finally, Raymond James & Associates grew its stake in shares of 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 valued at $6,667,630,000 after buying an additional 2,640,524 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $101.57 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $91.58 and a 1 year high of $102.04. The stock’s 50 day simple moving average is $99.95 and its 200 day simple moving average is $97.93.

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.