Montecito Bank & Trust Takes $14.28 Million Position in iShares Core U.S. Aggregate Bond ETF $AGG

Montecito Bank & Trust bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 142,486 shares of the company’s stock, valued at approximately $14,284,000. iShares Core U.S. Aggregate Bond ETF comprises about 2.2% of Montecito Bank & Trust’s portfolio, making the stock its 6th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Angeles Investment Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth $26,000. North Ridge Wealth Advisors Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $29,000. Transce3nd LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% during the second quarter. Transce3nd LLC now owns 484 shares of the company’s stock worth $48,000 after buying an additional 222 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 509.3% during the third quarter. GAMMA Investing LLC now owns 524 shares of the company’s stock worth $53,000 after buying an additional 438 shares during the last quarter. Finally, IMA Advisory Services Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $60,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.0%

AGG opened at $100.07 on Thursday. The business has a 50 day moving average price of $100.44 and a two-hundred day moving average price of $99.52. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $95.74 and a 52 week high of $101.35. The company has a market cap of $134.66 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.