Bell Bank Purchases New Position in iShares Core U.S. Aggregate Bond ETF $AGG

Bell Bank bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, Holdings Channel reports. The firm bought 753,833 shares of the company’s stock, valued at approximately $71,267,000. iShares Core U.S. Aggregate Bond ETF comprises approximately 2.7% of Bell Bank’s investment portfolio, making the stock its 9th largest holding.

A number of other institutional investors also recently added to or reduced their stakes in AGG. Carnegie Investment Counsel purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth approximately $890,000. Pinnacle Associates Ltd. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.6% during the third quarter. Pinnacle Associates Ltd. now owns 20,566 shares of the company’s stock valued at $1,944,000 after acquiring an additional 321 shares during the period. Ironwood Financial llc acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $3,964,000. Integrated Advisors Network LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 33.9% in the 3rd quarter. Integrated Advisors Network LLC now owns 43,977 shares of the company’s stock valued at $4,158,000 after acquiring an additional 11,145 shares in the last quarter. Finally, Bluestem Financial Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 196.7% in the 3rd quarter. Bluestem Financial Advisors LLC now owns 126,676 shares of the company’s stock valued at $11,976,000 after acquiring an additional 83,985 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

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

AGG opened at $95.27 on Wednesday. The firm has a market capitalization of $138.32 billion, a P/E ratio of 124.57 and a beta of 0.26. The stock has a fifty day moving average of $96.08 and a 200-day moving average of $97.70. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $93.83 and a 12-month high of $101.46.

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.