CIBC Asset Management Inc raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 126.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 17,975 shares of the company’s stock after buying an additional 10,038 shares during the quarter. 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 Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of AGG. Blueline Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $25,000. Cresta Advisors Ltd. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $25,000. Valley National Advisers Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth about $29,000. Finally, North Ridge Wealth Advisors Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at about $29,000. 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 $98.17 on Tuesday. The firm has a 50-day simple moving average of $98.97 and a 200 day simple moving average of $99.72. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.27 and a twelve month high of $101.46. The stock has a market cap of $134.13 billion, a PE ratio of 124.57 and a beta of 0.25.
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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Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).
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