New York Life Investment Management LLC Purchases 57,968 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

New York Life Investment Management LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 610,296 shares of the company’s stock after purchasing an additional 57,968 shares during the quarter. New York Life Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $61,182,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of AGG. Angeles Investment Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $26,000. North Ridge Wealth Advisors Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $29,000. Collier Financial bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $31,000. JCIC Asset Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $32,000. Finally, Evolution Wealth Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at about $40,000. Institutional investors own 83.63% of the company’s stock.

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

AGG stock opened at $100.13 on Monday. The firm has a 50 day moving average of $100.03 and a 200-day moving average of $100.01. The firm has a market capitalization of $138.38 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $96.15 and a 12 month high of $101.35.

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.