PNC Financial Services Group Inc. Increases Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

PNC Financial Services Group Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,128,626 shares of the company’s stock after purchasing an additional 193,320 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $905,560,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Texas Yale Capital Corp. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.6% during the first quarter. Texas Yale Capital Corp. now owns 6,496 shares of the company’s stock valued at $643,000 after buying an additional 103 shares during the period. VAUGHAN & Co SECURITIES INC. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 1.6% during the 2nd quarter. VAUGHAN & Co SECURITIES INC. now owns 6,539 shares of the company’s stock valued at $649,000 after acquiring an additional 104 shares during the period. Vestia Personal Wealth Advisors grew its position in iShares Core U.S. Aggregate Bond ETF by 5.2% in the 2nd quarter. Vestia Personal Wealth Advisors now owns 2,167 shares of the company’s stock valued at $215,000 after acquiring an additional 107 shares during the last quarter. Tempus Wealth Planning LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 3.0% in the 1st quarter. Tempus Wealth Planning LLC now owns 3,830 shares of the company’s stock valued at $379,000 after acquiring an additional 110 shares during the last quarter. Finally, Howland Capital Management LLC increased its stake in iShares Core U.S. Aggregate Bond ETF by 0.8% in the first quarter. Howland Capital Management LLC now owns 13,949 shares of the company’s stock worth $1,380,000 after purchasing an additional 116 shares during the period. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG stock opened at $100.46 on Wednesday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.35. The firm’s 50-day moving average is $100.44 and its 200 day moving average is $99.08. The company has a market capitalization of $135.19 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.