iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Boosted by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,649,043 shares of the company’s stock after buying an additional 750,257 shares during the period. Bank of New York Mellon Corp owned approximately 0.49% of iShares Core U.S. Aggregate Bond ETF worth $660,051,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in AGG. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 17.1% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,668 shares of the company’s stock valued at $265,000 after acquiring an additional 390 shares in the last quarter. Ethos Financial Group LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 29.8% during the first quarter. Ethos Financial Group LLC now owns 9,874 shares of the company’s stock worth $980,000 after purchasing an additional 2,269 shares in the last quarter. Meridian Management Co. raised its holdings in iShares Core U.S. Aggregate Bond ETF by 3,323.8% during the first quarter. Meridian Management Co. now owns 71,625 shares of the company’s stock worth $7,110,000 after purchasing an additional 69,533 shares in the last quarter. Sanctuary Advisors LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 1.6% in the first quarter. Sanctuary Advisors LLC now owns 291,732 shares of the company’s stock worth $28,960,000 after purchasing an additional 4,520 shares during the period. Finally, MTC Wealth Management LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 8.9% in the first quarter. MTC Wealth Management LLC now owns 449,187 shares of the company’s stock worth $44,591,000 after purchasing an additional 36,723 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $98.13 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46. The firm has a market cap of $138.46 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock has a fifty day moving average price of $98.57 and a two-hundred day moving average price of $99.41.

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.