Bank of New York Mellon Corp Buys 326,247 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Bank of New York Mellon Corp increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 5,317,301 shares of the company’s stock after purchasing an additional 326,247 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $527,476,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Freestone Capital Holdings LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 3.9% during the 2nd quarter. Freestone Capital Holdings LLC now owns 692,660 shares of the company’s stock worth $68,712,000 after acquiring an additional 25,679 shares during the last quarter. Westside Investment Management Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 2.7% during the 2nd quarter. Westside Investment Management Inc. now owns 80,817 shares of the company’s stock worth $8,016,000 after acquiring an additional 2,131 shares during the last quarter. Bank of Montreal Can grew its position in iShares Core U.S. Aggregate Bond ETF by 45.1% during the 2nd quarter. Bank of Montreal Can now owns 2,397,183 shares of the company’s stock worth $237,801,000 after acquiring an additional 745,026 shares during the last quarter. Snider Financial Group grew its position in iShares Core U.S. Aggregate Bond ETF by 2.6% during the 2nd quarter. Snider Financial Group now owns 229,649 shares of the company’s stock worth $22,781,000 after acquiring an additional 5,787 shares during the last quarter. Finally, 5T Wealth LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 71.7% during the 2nd quarter. 5T Wealth LLC now owns 37,784 shares of the company’s stock worth $3,748,000 after acquiring an additional 15,778 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $100.09 on Tuesday. The firm has a market cap of $134.69 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $95.74 and a fifty-two week high of $101.35. The business’s 50 day moving average price is $100.34 and its 200-day moving average price is $98.98.

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.