Mechanics Bank Trust Department Has $3.86 Million Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Mechanics Bank Trust Department trimmed its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,907 shares of the company’s stock after selling 5,642 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,860,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in AGG. Jones Financial Companies Lllp boosted its position in iShares Core U.S. Aggregate Bond ETF by 7.5% in the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after purchasing an additional 9,678,339 shares during the last quarter. RWA Wealth Partners LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 8,534.9% in the first quarter. RWA Wealth Partners LLC now owns 4,916,363 shares of the company’s stock valued at $486,327,000 after buying an additional 4,859,427 shares during the period. Raymond James Financial Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock valued at $8,041,669,000 after buying an additional 3,421,606 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 13.9% in the first quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock worth $2,086,731,000 after purchasing an additional 2,567,446 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in iShares Core U.S. Aggregate Bond ETF by 14.4% during the 1st quarter. Northern Trust Corp now owns 16,884,474 shares of the company’s stock valued at $1,670,212,000 after acquiring an additional 2,120,169 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

Shares of AGG opened at $100.29 on Monday. The stock has a market cap of $130.13 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 $101.65. The business’s 50-day moving average price is $99.22 and its 200-day moving average price is $98.50.

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.