Coastline Trust Co Purchases New Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Coastline Trust Co acquired a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 91,638 shares of the company’s stock, valued at approximately $8,663,000. iShares Core U.S. Aggregate Bond ETF comprises about 0.8% of Coastline Trust Co’s investment portfolio, making the stock its 28th largest holding.

Several other institutional investors have also modified their holdings of AGG. Bank of America Corp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after buying an additional 15,923,080 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 19.6% in the 4th quarter. LPL Financial LLC now owns 14,085,361 shares of the company’s stock valued at $1,406,846,000 after acquiring an additional 2,304,418 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 6.2% during the 4th quarter. JPMorgan Chase & Co. now owns 12,335,314 shares of the company’s stock worth $1,232,051,000 after acquiring an additional 716,579 shares in the last quarter. Mariner LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 11.5% during the fourth quarter. Mariner LLC now owns 12,060,633 shares of the company’s stock worth $1,204,617,000 after purchasing an additional 1,244,206 shares during the last quarter. Finally, WealthNavi Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 3.2% during the first quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock worth $1,142,930,000 after purchasing an additional 354,238 shares during 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 Down 0.1%

AGG traded down $0.09 on Thursday, reaching $94.45. The company’s stock had a trading volume of 5,433,408 shares, compared to its average volume of 9,330,168. The company has a market capitalization of $135.55 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.83 and a fifty-two week high of $101.46. The stock has a 50 day moving average of $96.86 and a two-hundred day moving average of $98.14.

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.