McKinley Carter Wealth Services Inc. Acquires New Stake in iShares Core U.S. Aggregate Bond ETF $AGG

McKinley Carter Wealth Services Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 657,700 shares of the company’s stock, valued at approximately $62,179,000. iShares Core U.S. Aggregate Bond ETF comprises 3.2% of McKinley Carter Wealth Services Inc.’s investment portfolio, making the stock its 6th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. WealthNavi Inc. boosted its position in iShares Core U.S. Aggregate Bond ETF by 3.2% during 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 period. PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the first quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock worth $1,026,080,000 after purchasing an additional 451,566 shares during the period. Royal Bank of Canada grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% in 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 during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 12.7% in the first quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock valued at $660,051,000 after acquiring an additional 750,257 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock traded down $0.03 during mid-day trading on Friday, reaching $95.38. 11,388,734 shares of the company traded hands, compared to its average volume of 9,586,846. The firm’s 50 day moving average price is $96.16 and its 200 day moving average price is $97.77. The firm has a market capitalization of $138.48 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46.

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.