BNP Paribas Financial Markets Boosts Stake in iShares Core U.S. Aggregate Bond ETF $AGG

BNP Paribas Financial Markets raised its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 61.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 801,450 shares of the company’s stock after purchasing an additional 305,195 shares during the period. BNP Paribas Financial Markets’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $80,049,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Valley National Advisers Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Cresta Advisors Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. Blueline Advisors LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter valued at approximately $29,000. Finally, North Ridge Wealth Advisors Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4%

iShares Core U.S. Aggregate Bond ETF stock opened at $98.68 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.23 and a twelve month high of $101.46. The firm has a 50 day moving average price of $99.01 and a 200-day moving average price of $99.78. The company has a market capitalization of $134.83 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.