Bank of New York Mellon Corp increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,502,806 shares of the company’s stock after purchasing an additional 423,088 shares during the quarter. Bank of New York Mellon Corp owned 0.44% of iShares Core U.S. Aggregate Bond ETF worth $533,222,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kozak & Associates Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $33,000. Bank of Jackson Hole Trust acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $35,000. Stonebridge Financial Group LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $43,000. Finally, Bank of New Hampshire lifted its stake in iShares Core U.S. Aggregate Bond ETF by 71.7% during the fourth quarter. Bank of New Hampshire now owns 455 shares of the company’s stock worth $44,000 after purchasing an additional 190 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.
iShares Core U.S. Aggregate Bond ETF Stock Up 0.6 %
AGG opened at $98.80 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $94.85 and a 52 week high of $102.04. The business has a fifty day simple moving average of $97.10 and a 200-day simple moving average of $98.73. The firm has a market cap of $124.49 billion, a P/E ratio of 125.24 and a beta of 0.20.
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.
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