Franklin Resources Inc. Grows Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Franklin Resources Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.3% during the 3rd quarter, Holdings Channel reports. The firm owned 693,886 shares of the company’s stock after acquiring an additional 1,823 shares during the period. Franklin Resources Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $68,979,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Ironwood Wealth Management LLC. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.2% during the second quarter. Ironwood Wealth Management LLC. now owns 53,307 shares of the company’s stock valued at $5,174,000 after acquiring an additional 2,624 shares in the last quarter. Bank Hapoalim BM increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the second quarter. Bank Hapoalim BM now owns 8,782 shares of the company’s stock valued at $852,000 after buying an additional 106 shares during the period. KG&L Capital Management LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 9.2% in the second quarter. KG&L Capital Management LLC now owns 42,897 shares of the company’s stock worth $4,164,000 after buying an additional 3,599 shares in the last quarter. Heritage Financial Services LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 3.5% in the second quarter. Heritage Financial Services LLC now owns 68,630 shares of the company’s stock worth $6,662,000 after buying an additional 2,327 shares during the period. Finally, Gridiron Partners LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 0.8% during the 2nd quarter. Gridiron Partners LLC now owns 401,537 shares of the company’s stock valued at $38,977,000 after acquiring an additional 3,046 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.1 %

Shares of AGG stock opened at $98.01 on Tuesday. The business’s fifty day moving average is $98.61 and its 200 day moving average is $99.02. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04.

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.