iShares Core U.S. Aggregate Bond ETF $AGG Shares Sold by First Merchants Corp

First Merchants Corp decreased its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 309,358 shares of the company’s stock after selling 35,862 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.0% of First Merchants Corp’s portfolio, making the stock its 24th biggest holding. First Merchants Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $29,247,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in AGG. Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after buying an additional 15,923,080 shares during the last quarter. Empower Annuity Insurance Co purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at $267,968,630,000. Royal Bank of Canada grew its holdings in iShares Core U.S. Aggregate Bond ETF by 39.2% in the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock worth $669,542,000 after acquiring an additional 1,898,484 shares during the last quarter. Fifth Third Bancorp grew its holdings in iShares Core U.S. Aggregate Bond ETF by 144.7% in the 1st quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock worth $316,032,000 after acquiring an additional 1,882,701 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $169,512,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.6%

AGG stock opened at $95.41 on Friday. The firm’s 50-day moving average price is $96.20 and its two-hundred day moving average price is $97.78. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $93.83 and a 12-month high of $101.46. The stock has a market capitalization of $138.33 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.