TPG Advisors LLC Takes $3.32 Million Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

TPG Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 34,156 shares of the company’s stock, valued at approximately $3,316,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.8% of TPG Advisors LLC’s investment portfolio, making the stock its 9th largest holding.

Several other hedge funds have also recently modified their holdings of the business. Global Assets Advisory LLC increased its holdings in 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 buying an additional 5,813,688 shares in the last quarter. State of Michigan Retirement System bought a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $498,454,000. Envestnet Asset Management Inc. boosted its holdings 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 grew its position in iShares Core U.S. Aggregate Bond ETF by 9.3% in the 1st quarter. US Bancorp DE now owns 31,699,004 shares of the company’s stock worth $3,104,615,000 after purchasing an additional 2,691,016 shares during the period. Finally, Raymond James & Associates raised its stake in iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd 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. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $101.49 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 business’s fifty day moving average price is $100.01 and its 200-day moving average price is $97.96.

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.