Bell Bank Acquires 70,378 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Bell Bank boosted its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 516,482 shares of the company’s stock after purchasing an additional 70,378 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 3.7% of Bell Bank’s investment portfolio, making the stock its 7th biggest position. Bell Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $50,047,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kozak & Associates Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $33,000. Bank of Jackson Hole Trust purchased a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $35,000. Stonebridge Financial Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $43,000. Finally, Bank of New Hampshire lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 71.7% in the fourth quarter. Bank of New Hampshire now owns 455 shares of the company’s stock worth $44,000 after acquiring an additional 190 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $98.02 on Friday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $94.85 and a fifty-two week high of $102.04. The business has a 50 day moving average price of $97.08 and a two-hundred day moving average price of $98.75.

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.