Mechanics Bank Trust Department Has $3.58 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Mechanics Bank Trust Department grew its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,916 shares of the company’s stock after buying an additional 985 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,577,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ironwood Wealth Management LLC. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 5.2% in the second quarter. Ironwood Wealth Management LLC. now owns 53,307 shares of the company’s stock valued at $5,174,000 after buying an additional 2,624 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $579,000. Brighton Jones LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.5% during the 2nd quarter. Brighton Jones LLC now owns 3,638 shares of the company’s stock valued at $353,000 after purchasing an additional 156 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in iShares Core U.S. Aggregate Bond ETF by 15.6% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 79,649 shares of the company’s stock worth $7,735,000 after purchasing an additional 10,772 shares in the last quarter. Finally, Kowal Investment Group LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 16.8% in the second quarter. Kowal Investment Group LLC now owns 52,699 shares of the company’s stock valued at $5,115,000 after buying an additional 7,579 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $96.92 on Monday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04. The company has a fifty day moving average of $97.58 and a 200-day moving average of $98.91.

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.