New York Life Investment Management LLC Acquires 867,139 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

New York Life Investment Management LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 867,139 shares of the company’s stock, valued at approximately $81,979,000. New York Life Investment Management LLC owned approximately 0.06% of iShares Core U.S. Aggregate Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Network Wealth Advisors LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $27,000. Asset Dedication LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $27,000. Main Street Group LTD purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter valued at approximately $30,000. JCIC Asset Management Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $30,000. Finally, John Boyer Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $33,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.7%

Shares of AGG stock opened at $95.88 on Wednesday. The firm has a 50 day moving average of $95.66 and a two-hundred day moving average of $98.12. The stock has a market capitalization of $138.19 billion, a PE 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.