Cullen Frost Bankers Inc. Acquires 28,526 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Cullen Frost Bankers Inc. boosted its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 468,528 shares of the company’s stock after acquiring an additional 28,526 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $46,478,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Briaud Financial Planning Inc purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at $25,000. MTM Investment Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth $37,000. AlphaCore Capital LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth $40,000. Atlas Capital Advisors Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% in the 1st quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after purchasing an additional 200 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth $56,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA:AGG opened at $101.23 on Wednesday. The firm has a market capitalization of $134.74 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The business has a fifty day moving average price of $100.02 and a 200-day moving average price of $98.77. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35.

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.