First Citizens Asset Management Inc. Acquires 12,163 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

First Citizens Asset Management Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 308,839 shares of the company’s stock after purchasing an additional 12,163 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 10.9% of First Citizens Asset Management Inc.’s portfolio, making the stock its 4th largest holding. First Citizens Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $30,658,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Financial Management Network Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $315,000. Hanson & Doremus Investment Management grew its stake in iShares Core U.S. Aggregate Bond ETF by 4.8% in the 1st quarter. Hanson & Doremus Investment Management now owns 4,355 shares of the company’s stock valued at $432,000 after acquiring an additional 199 shares during the period. James J. Burns & Company LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 74.3% in the 1st quarter. James J. Burns & Company LLC now owns 445,648 shares of the company’s stock valued at $44,240,000 after acquiring an additional 189,989 shares during the period. Intergy Private Wealth LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 6.1% in the 1st quarter. Intergy Private Wealth LLC now owns 38,280 shares of the company’s stock worth $3,800,000 after acquiring an additional 2,197 shares in the last quarter. Finally, Ocean Park Asset Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth $2,586,000. 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 $98.63 on Tuesday. The stock has a market capitalization of $134.76 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46. The company has a fifty day moving average of $98.88 and a two-hundred day moving average of $99.60.

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.