Bank of America Corp DE Raises Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Bank of America Corp DE raised its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 29.6% during the first quarter, Holdings Channel.com reports. The firm owned 69,660,482 shares of the company’s stock after purchasing an additional 15,923,080 shares during the quarter. Bank of America Corp DE owned 0.05% of iShares Core U.S. Aggregate Bond ETF worth $6,915,196,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kampmann Melissa S. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.0% during the fourth quarter. Kampmann Melissa S. now owns 10,508 shares of the company’s stock worth $1,051,000 after buying an additional 100 shares during the period. Verus Wealth Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1.3% in the first quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock valued at $800,000 after acquiring an additional 106 shares in the last quarter. Childress Capital Advisors LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.0% in the first quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock worth $1,057,000 after acquiring an additional 107 shares during the last quarter. Hoge Financial Services LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% in the fourth quarter. Hoge Financial Services LLC now owns 8,521 shares of the company’s stock worth $851,000 after acquiring an additional 111 shares during the last quarter. Finally, Retirement Planning Group LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.7% in the fourth quarter. Retirement Planning Group LLC now owns 6,640 shares of the company’s stock worth $663,000 after acquiring an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4%

NYSEARCA AGG opened at $97.55 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $97.27 and a 52 week high of $101.46. The firm has a 50 day moving average of $98.44 and a two-hundred day moving average of $99.27. The stock has a market capitalization of $137.65 billion, a PE ratio of 124.57 and a beta of 0.25.

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.