Mechanics Bank Trust Department Has $3.58 Million Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Mechanics Bank Trust Department raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 36,916 shares of the company’s stock after buying an additional 985 shares during the period. Mechanics Bank Trust Department’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,577,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Oliver Lagore Vanvalin Investment Group raised its position in iShares Core U.S. Aggregate Bond ETF by 162.9% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 255 shares of the company’s stock valued at $25,000 after buying an additional 158 shares during the last quarter. Kozak & Associates Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $26,000. ST Germain D J Co. Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1,020.0% during the third quarter. ST Germain D J Co. Inc. now owns 280 shares of the company’s stock valued at $28,000 after purchasing an additional 255 shares in the last quarter. Wagner Wealth Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 30,500.0% during the third quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock worth $31,000 after purchasing an additional 305 shares during the last quarter. Finally, Kimelman & Baird LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $36,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $96.92 on Monday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The firm has a 50-day moving average price of $97.58 and a two-hundred day moving average price of $98.91.

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.