iShares Core U.S. Aggregate Bond ETF $AGG Stock: Fifth Third Bancorp Boosts Position

Fifth Third Bancorp boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,749,918 shares of the company’s stock after purchasing an additional 510,368 shares during the period. Fifth Third Bancorp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $354,517,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AGG. Empower Annuity Insurance Co bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at $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 1st 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 last quarter. WealthNavi Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock valued at $1,172,692,000 after buying an additional 653,006 shares during 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 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after buying an additional 451,566 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st 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. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $95.84 on Thursday. The stock has a fifty day moving average of $95.64 and a 200-day moving average of $98.10. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.83 and a fifty-two week high of $101.46. The company has a market capitalization of $138.13 billion, a price-to-earnings 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.