Simplify Asset Management Inc. Grows Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Simplify Asset Management Inc. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 64.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,319,638 shares of the company’s stock after purchasing an additional 909,907 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 11.1% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Simplify Asset Management Inc. owned 0.19% of iShares Core U.S. Aggregate Bond ETF worth $224,773,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of AGG. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $25,000. Kozak & Associates Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $33,000. Bank of Jackson Hole Trust bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $35,000. Finally, Stonebridge Financial Group LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $43,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $98.74 on Friday. The stock’s 50-day simple moving average is $97.80 and its two-hundred day simple moving average is $98.53. The stock has a market capitalization of $125.40 billion, a price-to-earnings ratio of 125.34 and a beta of 0.22. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week 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.