iShares Core U.S. Aggregate Bond ETF $AGG Shares Newly Bought by Adirondack Trust Co.

Adirondack Trust Co. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,042 shares of the company’s stock, valued at approximately $1,422,000.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after buying an additional 15,923,080 shares in the last quarter. WealthNavi Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 3.2% during the 1st quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock worth $1,142,930,000 after buying an additional 354,238 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during 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 buying an additional 451,566 shares in the last quarter. Royal Bank of Canada lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after buying an additional 1,898,484 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 12.7% during the 1st quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock valued at $660,051,000 after buying an additional 750,257 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

iShares Core U.S. Aggregate Bond ETF stock traded down $0.06 during trading on Wednesday, reaching $94.65. The company had a trading volume of 7,667,237 shares, compared to its average volume of 9,501,922. The firm’s 50-day simple moving average is $96.30 and its 200 day simple moving average is $97.83. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.83 and a 1-year high of $101.46. The firm has a market capitalization of $137.23 billion, a PE ratio of 124.57 and a beta of 0.26.

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.