iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by Bank of America Corp DE

Bank of America Corp DE lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 29.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 69,660,482 shares of the company’s stock after buying an additional 15,923,080 shares during the quarter. Bank of America Corp DE owned approximately 5.10% of iShares Core U.S. Aggregate Bond ETF worth $6,915,196,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Valley National Advisers Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the period. Cresta Advisors Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. Blueline Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. First Command Advisory Services Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the period. Finally, Wiser Advisor Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $29,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $97.55 on Thursday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.27 and a fifty-two week high of $101.46. The company has a 50 day moving average price of $98.44 and a 200 day moving average price of $99.27. The stock has a market capitalization of $137.65 billion, a P/E ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF Company 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.