60,243 Shares of iShares Core U.S. Aggregate Bond ETF $AGG Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 60,243 shares of the company’s stock, valued at approximately $5,695,000.

Several other large investors also recently added to or reduced their stakes in AGG. Empower Annuity Insurance Co bought a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $267,968,630,000. Bank of America Corp DE increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the first quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after acquiring an additional 451,566 shares in the last quarter. Royal Bank of Canada raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after acquiring an additional 1,898,484 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 12.7% during the first quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock valued at $660,051,000 after acquiring an additional 750,257 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $95.89 on Thursday. The firm has a market capitalization of $139.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The stock has a 50 day moving average price of $95.90 and a 200 day moving average price of $98.30. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46.

About iShares Core U.S. Aggregate Bond ETF

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.