60,243 Shares of iShares Core U.S. Aggregate Bond ETF $AGG Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 60,243 shares of the company’s stock, valued at approximately $5,695,000.

A number of other large investors have also recently made changes to their positions in AGG. Bank of America Corp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st 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. Empower Annuity Insurance Co purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $267,968,630,000. Royal Bank of Canada boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after buying an additional 1,898,484 shares during the period. Fifth Third Bancorp grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 144.7% during the first quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after buying an additional 1,882,701 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $169,512,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $95.89 on Thursday. The business’s 50 day moving average price is $95.90 and its 200-day moving average price is $98.30. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.83 and a fifty-two week high of $101.46. The company has a market cap of $139.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.