Sumitomo Mitsui Financial Group Inc. Purchases 69,647 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

by · The Cerbat Gem

Sumitomo Mitsui Financial Group Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 6.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,202,110 shares of the company’s stock after acquiring an additional 69,647 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 1.9% of Sumitomo Mitsui Financial Group Inc.’s portfolio, making the stock its 9th biggest holding. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $119,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in AGG. Briaud Financial Planning Inc purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth approximately $25,000. Angeles Investment Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth $26,000. AlphaCore Capital LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at about $40,000. Atlas Capital Advisors Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% in the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after buying an additional 200 shares in the last quarter. Finally, IMA Advisory Services Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth about $60,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA AGG opened at $100.96 on Thursday. The stock has a market cap of $135.86 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.35. The company has a 50-day moving average of $100.45 and a 200 day moving average of $99.24.

iShares Core U.S. Aggregate Bond ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).