Prentice Wealth Management LLC Buys 41,754 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Prentice Wealth Management LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 723,954 shares of the company’s stock after acquiring an additional 41,754 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 13.8% of Prentice Wealth Management LLC’s holdings, making the stock its largest position. Prentice Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $68,443,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AGG. Bank of America Corp DE lifted its stake 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 during the period. WealthNavi Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 3.2% during the first quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock valued at $1,142,930,000 after acquiring an additional 354,238 shares during the period. PNC Financial Services Group Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 4.6% during the first quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after acquiring an additional 451,566 shares during the period. Royal Bank of Canada raised its holdings in iShares Core U.S. Aggregate Bond ETF by 39.2% in the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after acquiring an additional 1,898,484 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in iShares Core U.S. Aggregate Bond ETF by 12.7% in 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 acquiring an additional 750,257 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

Shares of AGG stock traded up $0.14 during mid-day trading on Tuesday, reaching $95.25. The stock had a trading volume of 4,088,319 shares, compared to its average volume of 9,562,646. The firm’s 50 day simple moving average is $96.12 and its 200 day simple moving average is $97.73. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.83 and a one year high of $101.46. The firm has a market cap of $138.30 billion, a PE ratio of 124.57 and a beta of 0.26.

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.