Park Avenue Securities LLC Purchases 797,797 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Park Avenue Securities LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 797,797 shares of the company’s stock, valued at approximately $75,424,000.

Several other large investors have also recently modified their holdings of the business. Empower Annuity Insurance Co bought a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $267,968,630,000. Bank of America Corp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of 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 worth $1,026,080,000 after acquiring an additional 451,566 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% in the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock worth $669,542,000 after acquiring an additional 1,898,484 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12.7% in the first quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock worth $660,051,000 after acquiring an additional 750,257 shares during the period. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $96.05 on Tuesday. The firm has a market capitalization of $139.45 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a one year low of $93.83 and a one year high of $101.46. The business has a fifty day moving average price of $95.98 and a 200-day moving average price of $98.36.

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.