iShares Core U.S. Aggregate Bond ETF $AGG Stock: Legacy Wealth Partners LLC Lowers Holdings

Legacy Wealth Partners LLC lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.6% during the third quarter, HoldingsChannel.com reports. The firm owned 461,720 shares of the company’s stock after selling 17,274 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 9.6% of Legacy Wealth Partners LLC’s portfolio, making the stock its 2nd biggest position. Legacy Wealth Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $43,651,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in AGG. Bank of America Corp DE grew its position in 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 valued at $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. WealthNavi Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 3.2% in the 1st quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock valued at $1,142,930,000 after buying an additional 354,238 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock worth $1,026,080,000 after buying an additional 451,566 shares in the last quarter. Royal Bank of Canada lifted its position in iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st 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. Finally, Bank of New York Mellon Corp lifted its position in iShares Core U.S. Aggregate Bond ETF by 12.7% during the 1st quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock worth $660,051,000 after buying an additional 750,257 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $95.41 on Friday. The firm has a 50-day moving average of $96.20 and a 200-day moving average of $97.78. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.83 and a one year high of $101.46. The company has a market cap of $138.33 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.