iShares Core U.S. Aggregate Bond ETF $AGG Shares Acquired by DB Fitzpatrick & Co Inc

DB Fitzpatrick & Co Inc increased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 430,257 shares of the company’s stock after buying an additional 27,146 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 36.6% of DB Fitzpatrick & Co Inc’s investment portfolio, making the stock its largest position. DB Fitzpatrick & Co Inc’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $42,712,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in AGG. Valley National Advisers Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% during the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares during the last quarter. Cresta Advisors Ltd. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $25,000. Blueline Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $25,000. First Command Advisory Services Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $98.61 on Friday. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The company’s 50-day simple moving average is $98.78 and its 200-day simple moving average is $99.54. The stock has a market capitalization of $138.36 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF Company 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.