Cullen Frost Bankers Inc. Grows Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cullen Frost Bankers Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 57.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 478,729 shares of the company’s stock after purchasing an additional 174,477 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $47,514,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. First Pacific Financial purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Cetera Trust Company N.A purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $28,000. Arlington Trust Co LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $33,000. Kozak & Associates Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $35,000. Finally, Keener Financial Planning LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $35,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG traded up $0.18 on Tuesday, reaching $96.44. The stock had a trading volume of 7,686,996 shares, compared to its average volume of 9,256,677. The business’s 50-day moving average price is $96.72 and its 200 day moving average price is $96.83. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $91.58 and a 12-month high of $100.19.

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.