iShares Core U.S. Aggregate Bond ETF $AGG Stock Acquired by eCIO Inc.

eCIO Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.4% in the third quarter, HoldingsChannel reports. The firm owned 476,527 shares of the company’s stock after buying an additional 32,853 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up 15.6% of eCIO Inc.’s investment portfolio, making the stock its largest position. eCIO Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $44,965,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Bank of America Corp DE lifted its stake 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 during the period. D.A. Davidson & CO. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter worth approximately $548,482,000. Empower Annuity Insurance Co bought a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $267,968,630,000. 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 valued at $669,542,000 after buying an additional 1,898,484 shares during the period. Finally, Fifth Third Bancorp grew its position in iShares Core U.S. Aggregate Bond ETF by 144.7% during the first quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after buying an additional 1,882,701 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2%

Shares of AGG stock opened at $96.62 on Friday. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.83 and a 12 month high of $101.46. The stock has a market cap of $139.13 billion, a P/E ratio of 124.57 and a beta of 0.26. The company has a 50 day simple moving average of $95.73 and a two-hundred day simple moving average of $98.18.

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.