Partnership Wealth Management LLC Buys Shares of 205,968 iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Partnership Wealth Management LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 205,968 shares of the company’s stock, valued at approximately $20,858,000. iShares Core U.S. Aggregate Bond ETF accounts for about 14.7% of Partnership Wealth Management LLC’s portfolio, making the stock its biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Raymond James & Associates boosted its position in 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 period. Envestnet Asset Management Inc. raised its stake in shares of 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 valued at $4,278,608,000 after acquiring an additional 4,641,016 shares during the last quarter. US Bancorp DE raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.8% during the second quarter. US Bancorp DE now owns 33,543,687 shares of the company’s stock valued at $3,256,099,000 after acquiring an additional 1,844,683 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,344,478 shares of the company’s stock worth $1,857,893,000 after acquiring an additional 1,704,132 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after purchasing an additional 2,455,461 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2 %

AGG opened at $99.79 on Wednesday. The stock has a fifty day simple moving average of $100.65 and a two-hundred day simple moving average of $98.24. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $91.58 and a 12-month high of $102.04.

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.