iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Reaches New 52-Week Low – Here’s What Happened

iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) shares hit a new 52-week low on Thursday . The stock traded as low as $97.32 and last traded at $97.34, with a volume of 333449 shares changing hands. The stock had previously closed at $97.58.

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

The company has a market capitalization of $137.43 billion, a PE ratio of 124.57 and a beta of 0.25. The business’s fifty day moving average is $98.49 and its two-hundred day moving average is $99.35.

Institutional Trading of iShares Core U.S. Aggregate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Kampmann Melissa S. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 1.0% in the 4th quarter. Kampmann Melissa S. now owns 10,508 shares of the company’s stock valued at $1,051,000 after buying an additional 100 shares during the period. Verus Wealth Management LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock valued at $800,000 after acquiring an additional 106 shares during the last quarter. Childress Capital Advisors LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% during the 1st quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock worth $1,057,000 after acquiring an additional 107 shares during the period. Stephens Consulting LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.4% during the 4th quarter. Stephens Consulting LLC now owns 1,288 shares of the company’s stock worth $129,000 after acquiring an additional 111 shares during the period. Finally, Hoge Financial Services LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% in the fourth quarter. Hoge Financial Services LLC now owns 8,521 shares of the company’s stock worth $851,000 after acquiring an additional 111 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

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.