PNC Financial Services Group Inc. Buys 459,674 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

PNC Financial Services Group Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,884,685 shares of the company’s stock after acquiring an additional 459,674 shares during the period. PNC Financial Services Group Inc. owned about 0.72% of iShares Core U.S. Aggregate Bond ETF worth $987,282,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Larson Financial Group LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.1% during the fourth quarter. Larson Financial Group LLC now owns 22,320 shares of the company’s stock worth $2,229,000 after buying an additional 237 shares in the last quarter. Stolz & Associates PS bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $1,557,000. Mullooly Asset Management Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 10.2% in the 4th quarter. Mullooly Asset Management Inc. now owns 144,478 shares of the company’s stock valued at $14,431,000 after acquiring an additional 13,352 shares in the last quarter. Aviance Capital Partners LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.9% in the fourth quarter. Aviance Capital Partners LLC now owns 23,115 shares of the company’s stock valued at $2,309,000 after purchasing an additional 656 shares during the last quarter. Finally, Capstone Capital Management Ltd bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $7,846,000. 83.63% of the stock is owned by institutional investors.

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

Shares of AGG opened at $97.63 on Wednesday. The stock has a market capitalization of $133.39 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The firm has a fifty day simple moving average of $99.19 and a 200 day simple moving average of $99.89. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $96.66 and a 12 month high of $101.46.

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.