iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by Eastern Bank

Eastern Bank lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 604.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 11,920 shares of the company’s stock after acquiring an additional 10,229 shares during the period. Eastern Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,191,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of AGG. Randall & Associates Wealth Management raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% in the 4th quarter. Randall & Associates Wealth Management now owns 36,674 shares of the company’s stock valued at $3,663,000 after purchasing an additional 1,427 shares during the last quarter. LVW Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $395,000. Worth Asset Management LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 4.3% during the 4th quarter. Worth Asset Management LLC now owns 12,218 shares of the company’s stock worth $1,220,000 after purchasing an additional 499 shares during the last quarter. Bell Bank increased its stake in iShares Core U.S. Aggregate Bond ETF by 9.9% during the 4th quarter. Bell Bank now owns 616,369 shares of the company’s stock valued at $61,563,000 after purchasing an additional 55,463 shares in the last quarter. Finally, Weil Company Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 7.5% during the 4th quarter. Weil Company Inc. now owns 13,175 shares of the company’s stock valued at $1,316,000 after purchasing an additional 923 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 Performance

NYSEARCA AGG opened at $98.54 on Monday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.46. The company has a fifty day simple moving average of $100.09 and a two-hundred day simple moving average of $100.24. The stock has a market cap of $136.18 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.