146,453 Shares in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Bought by Montecito Bank & Trust

Montecito Bank & Trust purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 146,453 shares of the company’s stock, valued at approximately $14,831,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 2.5% of Montecito Bank & Trust’s investment portfolio, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vawter Financial Ltd. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 0.9% during the 2nd quarter. Vawter Financial Ltd. now owns 11,001 shares of the company’s stock worth $1,068,000 after acquiring an additional 100 shares in the last quarter. Evergreen Capital Management LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 0.6% in the second quarter. Evergreen Capital Management LLC now owns 16,518 shares of the company’s stock valued at $1,603,000 after buying an additional 105 shares during the last quarter. Bank Hapoalim BM raised its stake in iShares Core U.S. Aggregate Bond ETF by 1.2% in the second quarter. Bank Hapoalim BM now owns 8,782 shares of the company’s stock valued at $852,000 after buying an additional 106 shares in the last quarter. Cambridge Advisors Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% during the 2nd quarter. Cambridge Advisors Inc. now owns 6,458 shares of the company’s stock worth $627,000 after acquiring an additional 108 shares in the last quarter. Finally, FineMark National Bank & Trust boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 0.7% during the 2nd quarter. FineMark National Bank & Trust now owns 14,659 shares of the company’s stock worth $1,423,000 after acquiring an additional 108 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG opened at $97.59 on Thursday. The stock’s 50-day simple moving average is $100.14 and its 200-day simple moving average is $98.56. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.53 and a fifty-two week high of $102.04.

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.