First Citizens Bank & Trust Co. Buys New Stake in iShares Core U.S. Aggregate Bond ETF $AGG

First Citizens Bank & Trust Co. bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,397,620 shares of the company’s stock, valued at approximately $132,131,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.8% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 13th biggest holding. First Citizens Bank & Trust Co. owned about 0.10% of iShares Core U.S. Aggregate Bond ETF as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AGG. Main Street Group LTD bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the first quarter worth $30,000. Investors Research Corp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 73.4% during the second quarter. Investors Research Corp now owns 352 shares of the company’s stock valued at $35,000 after buying an additional 149 shares during the period. Downshift Financial LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 306.9% during the third quarter. Downshift Financial LLC now owns 415 shares of the company’s stock valued at $39,000 after buying an additional 313 shares during the period. Steph & Co. purchased a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $40,000. Finally, Signature Equity Partners LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 182.9% during the first quarter. Signature Equity Partners LLC now owns 413 shares of the company’s stock worth $41,000 after buying an additional 267 shares in the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.1%

Shares of NYSEARCA AGG opened at $94.71 on Wednesday. The firm has a market capitalization of $137.31 billion, a P/E ratio of 124.57 and a beta of 0.26. The stock’s 50-day simple moving average is $96.30 and its two-hundred day simple moving average is $97.83. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $93.83 and a twelve month high of $101.46.

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.