Silver Grove Financial Group Inc. Acquires 14,479 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Silver Grove Financial Group Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 25.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,173 shares of the company’s stock after acquiring an additional 14,479 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 3.2% of Silver Grove Financial Group Inc.’s portfolio, making the stock its 4th largest holding. Silver Grove Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,823,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of AGG. Bank of America Corp DE increased its position in 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. WealthNavi Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock valued at $1,172,692,000 after purchasing an additional 653,006 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 4.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after purchasing an additional 451,566 shares during the period. Royal Bank of Canada boosted 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 valued at $669,542,000 after purchasing an additional 1,898,484 shares during the period. Finally, Bank of New York Mellon Corp grew its position in iShares Core U.S. Aggregate Bond ETF by 12.7% in the 1st quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock worth $660,051,000 after purchasing an additional 750,257 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $95.88 on Wednesday. The firm has a market capitalization of $138.19 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. The company’s fifty day moving average is $95.66 and its two-hundred day moving average is $98.12. 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.