iShares Core U.S. Aggregate Bond ETF $AGG Shares Bought by OLD National Bancorp IN

OLD National Bancorp IN grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 754,871 shares of the company’s stock after purchasing an additional 10,440 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 1.3% of OLD National Bancorp IN’s holdings, making the stock its 13th biggest position. OLD National Bancorp IN’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $74,936,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 7.0% during the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock worth $8,465,912,000 after acquiring an additional 5,514,115 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 16.0% in the fourth quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock valued at $5,367,292,000 after purchasing an additional 7,411,242 shares during the last quarter. US Bancorp DE increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. US Bancorp DE now owns 42,844,111 shares of the company’s stock worth $4,279,296,000 after purchasing an additional 489,837 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 36,259,568 shares of the company’s stock worth $3,621,605,000 after purchasing an additional 3,032,433 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 4th quarter. Morgan Stanley now owns 32,483,415 shares of the company’s stock worth $3,244,444,000 after purchasing an additional 1,245,217 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 Stock Performance

AGG stock opened at $99.25 on Friday. The stock’s 50 day moving average price is $98.85 and its 200 day moving average price is $99.57. The firm has a market cap of $135.61 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46.

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.