iShares Core U.S. Aggregate Bond ETF $AGG Shares Newly Acquired by Iowa State Bank

Iowa State Bank acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, Holdings Channel reports. The firm acquired 17,304 shares of the company’s stock, valued at approximately $1,636,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after purchasing an additional 15,923,080 shares during the period. LPL Financial LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 19.6% in the fourth quarter. LPL Financial LLC now owns 14,085,361 shares of the company’s stock valued at $1,406,846,000 after buying an additional 2,304,418 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 6.2% in the fourth quarter. JPMorgan Chase & Co. now owns 12,335,314 shares of the company’s stock valued at $1,232,051,000 after buying an additional 716,579 shares during the last quarter. Mariner LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.5% in the fourth quarter. Mariner LLC now owns 12,060,633 shares of the company’s stock valued at $1,204,617,000 after buying an additional 1,244,206 shares during the last quarter. Finally, WealthNavi Inc. boosted its stake in shares of 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 worth $1,142,930,000 after acquiring an additional 354,238 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

Shares of NYSEARCA AGG traded up $0.20 during midday trading on Tuesday, hitting $94.33. 5,383,807 shares of the company’s stock were exchanged, compared to its average volume of 9,441,303. The firm has a market capitalization of $135.43 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.83 and a 12 month high of $101.46. The company’s 50 day moving average price is $96.66 and its 200 day moving average price is $98.02.

iShares Core U.S. Aggregate Bond ETF 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.