Family Capital Trust Co Acquires New Position in iShares Core U.S. Aggregate Bond ETF $AGG

Family Capital Trust Co bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 164,049 shares of the company’s stock, valued at approximately $15,509,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 5.0% of Family Capital Trust Co’s portfolio, making the stock its 2nd largest holding.

Several other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. WealthNavi Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 3.2% during the 1st quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock valued at $1,142,930,000 after purchasing an additional 354,238 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 4.6% during the first quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock worth $1,026,080,000 after buying an additional 451,566 shares during the last quarter. Royal Bank of Canada increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% in the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after buying an additional 1,898,484 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 12.7% during the first quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock valued at $660,051,000 after purchasing an additional 750,257 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG opened at $95.96 on Friday. The company’s 50 day simple moving average is $95.97 and its 200 day simple moving average is $97.64. 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 firm has a market capitalization of $139.32 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.