iShares Core U.S. Aggregate Bond ETF $AGG Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.5% in the 4th quarter, Holdings Channel reports. The firm owned 5,898,786 shares of the company’s stock after acquiring an additional 308,642 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $589,171,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after acquiring an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after acquiring an additional 3,044 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $111,000. Ieq Capital LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the 2nd quarter. Ieq Capital LLC now owns 47,381 shares of the company’s stock worth $4,700,000 after acquiring an additional 4,269 shares during the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.6% in the 2nd quarter. Quantinno Capital Management LP now owns 13,419 shares of the company’s stock worth $1,331,000 after acquiring an additional 943 shares during the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

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

Shares of AGG opened at $98.50 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $97.25 and a 52-week high of $101.46. The company has a market capitalization of $134.58 billion, a PE ratio of 124.57 and a beta of 0.26. The stock has a fifty day simple moving average of $99.00 and a two-hundred day simple moving average of $99.76.

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.