CIBC Asset Management Inc Buys 10,038 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

CIBC Asset Management Inc increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 126.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 17,975 shares of the company’s stock after acquiring an additional 10,038 shares during the period. CIBC Asset Management Inc’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,795,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Mercer Global Advisors Inc. ADV boosted its position in iShares Core U.S. Aggregate Bond ETF by 17.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after purchasing an additional 4,942,715 shares during the period. Constellation Investments Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 70.2% in the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock valued at $705,444,000 after purchasing an additional 2,914,000 shares during the period. Valpey Financial Services LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 9,942.1% in the fourth quarter. Valpey Financial Services LLC now owns 2,872,830 shares of the company’s stock worth $286,938,000 after buying an additional 2,844,222 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 46,326,160 shares of the company’s stock worth $4,644,198,000 after buying an additional 2,423,410 shares during the last quarter. Finally, United Services Automobile Association boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 70.1% during the 2nd quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after buying an additional 2,069,200 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.17 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.27 and a 1 year high of $101.46. The firm’s fifty day simple moving average is $98.97 and its 200 day simple moving average is $99.72. The firm has a market capitalization of $134.13 billion, a PE 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.