New York Life Investment Management LLC Purchases New Position in iShares Core U.S. Aggregate Bond ETF $AGG

New York Life Investment Management LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 867,139 shares of the company’s stock, valued at approximately $81,979,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Fortitude Advisory Group L.L.C. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% in the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 8,566 shares of the company’s stock valued at $848,000 after acquiring an additional 107 shares during the period. Asset Management Group Inc. lifted its position in iShares Core U.S. Aggregate Bond ETF by 0.5% in the first quarter. Asset Management Group Inc. now owns 25,418 shares of the company’s stock valued at $2,523,000 after purchasing an additional 122 shares during the period. Trilogy Capital Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.5% in the second quarter. Trilogy Capital Inc. now owns 23,395 shares of the company’s stock valued at $2,316,000 after buying an additional 126 shares in the last quarter. Everhart Financial Group Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.7% during the 2nd quarter. Everhart Financial Group Inc. now owns 3,551 shares of the company’s stock worth $351,000 after purchasing an additional 126 shares in the last quarter. Finally, Investors Research Corp grew its position in iShares Core U.S. Aggregate Bond ETF by 73.4% during the second quarter. Investors Research Corp now owns 352 shares of the company’s stock worth $35,000 after buying an additional 149 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $95.88 on Wednesday. The company has a market capitalization of $138.19 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $93.83 and a 1-year high of $101.46. The business has a 50 day moving average price of $95.66 and a 200 day moving average price of $98.12.

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.