Montecito Bank & Trust bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 152,156 shares of the company’s stock, valued at approximately $14,385,000. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.2% of Montecito Bank & Trust’s investment portfolio, making the stock its 6th biggest holding.
Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after buying an additional 15,923,080 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 90,400,033.3% in the fourth quarter. Russell Investments Group Ltd. now owns 2,712,004 shares of the company’s stock valued at $270,875,000 after acquiring an additional 2,712,001 shares during the period. Empower Annuity Insurance Co purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth $267,968,630,000. LPL Financial LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 19.6% during the fourth quarter. LPL Financial LLC now owns 14,085,361 shares of the company’s stock valued at $1,406,846,000 after buying an additional 2,304,418 shares during the period. Finally, Royal Bank of Canada grew its position in iShares Core U.S. Aggregate Bond ETF by 39.2% during the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock worth $669,542,000 after buying an additional 1,898,484 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.
iShares Core U.S. Aggregate Bond ETF Price Performance
NYSEARCA AGG traded down $0.12 during trading on Thursday, reaching $94.42. The company’s stock had a trading volume of 17,710,838 shares, compared to its average volume of 9,397,774. The stock has a market capitalization of $135.50 billion, a PE ratio of 124.57 and a beta of 0.25. The firm has a fifty day moving average of $96.80 and a 200 day moving average of $98.10. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.83 and a one year high of $101.46.
iShares Core U.S. Aggregate Bond ETF Company 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.
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