iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Sets New 1-Year Low – Here’s What Happened

iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $96.88 and last traded at $96.93, with a volume of 314043 shares changing hands. The stock had previously closed at $97.41.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.5%

The firm’s 50-day moving average price is $97.93 and its two-hundred day moving average price is $98.86. The stock has a market cap of $136.83 billion, a PE ratio of 124.57 and a beta of 0.25.

Hedge Funds Weigh In On iShares Core U.S. Aggregate Bond ETF

Large investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.7% during the fourth quarter. SBI Securities Co. Ltd. now owns 213,215 shares of the company’s stock worth $21,296,000 after purchasing an additional 5,630 shares in the last quarter. Clearstead Advisors LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 22.2% during the 4th quarter. Clearstead Advisors LLC now owns 217,140 shares of the company’s stock valued at $21,688,000 after purchasing an additional 39,415 shares during the last quarter. Prentice Wealth Management LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.7% in the 1st quarter. Prentice Wealth Management LLC now owns 651,758 shares of the company’s stock worth $64,700,000 after purchasing an additional 46,515 shares in the last quarter. Moneywise Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $800,000. Finally, Stone Wealth Partners purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth $5,065,000. 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.