iShares Core U.S. Aggregate Bond ETF $AGG Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.7% during the first quarter, Holdings Channel reports. The firm owned 6,649,043 shares of the company’s stock after purchasing an additional 750,257 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $660,051,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blueline Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Cresta Advisors Ltd. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at $25,000. Valley National Advisers Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. First Command Advisory Services Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 321.2% in the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $29,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.0%

NYSEARCA AGG opened at $98.13 on Friday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $97.51 and a 1 year high of $101.46. The company has a market cap of $138.46 billion, a PE ratio of 124.57 and a beta of 0.25. The stock’s 50-day moving average price is $98.57 and its two-hundred day moving average price is $99.41.

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.