New York Life Investment Management LLC Has $48.36 Million Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

New York Life Investment Management LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 499,110 shares of the company’s stock after purchasing an additional 40,941 shares during the period. New York Life Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $48,364,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AGG. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $25,000. Kozak & Associates Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $26,000. Newbridge Financial Services Group Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $33,000. Bank of Jackson Hole Trust acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $35,000. Finally, Stonebridge Financial Group LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $43,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.2 %

NYSEARCA:AGG opened at $98.96 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $94.85 and a 1 year high of $102.04. The stock has a market cap of $124.69 billion, a price-to-earnings ratio of 125.24 and a beta of 0.20. The stock has a 50-day moving average price of $97.14 and a two-hundred day moving average price of $98.73.

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.