OLD National Bancorp IN Boosts Stake in iShares Core U.S. Aggregate Bond ETF $AGG

OLD National Bancorp IN lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4,026.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 738,097 shares of the company’s stock after purchasing an additional 720,209 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 1.3% of OLD National Bancorp IN’s portfolio, making the stock its 14th biggest position. OLD National Bancorp IN’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $73,219,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of AGG. Brighton Jones LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after acquiring an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after buying an additional 3,044 shares in the last quarter. GAMMA Investing LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at about $842,000. Curat Global LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at about $133,000. Finally, Magnus Financial Group LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 45.3% in the 1st quarter. Magnus Financial Group LLC now owns 3,943 shares of the company’s stock valued at $390,000 after buying an additional 1,229 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.18 on Friday. The firm has a market capitalization of $132.01 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.02. The firm’s 50-day moving average price is $99.62 and its 200 day moving average price is $98.62.

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.