New York Life Investment Management LLC Boosts Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

New York Life Investment Management LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 107.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 427,517 shares of the company’s stock after buying an additional 221,142 shares during the quarter. New York Life Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $42,431,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. First Pacific Financial purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $25,000. Cetera Trust Company N.A purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at about $28,000. Arlington Trust Co LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter valued at about $33,000. Kozak & Associates Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $35,000. Finally, Keener Financial Planning LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $35,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG traded up $0.04 during trading hours on Wednesday, reaching $95.27. 11,017,670 shares of the company’s stock traded hands, compared to its average volume of 9,285,610. The firm has a 50-day moving average price of $96.83 and a 200 day moving average price of $96.70. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 and a 52-week high of $100.42.

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.