iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Lifted by Tectonic Advisors LLC
by Sarita Garza · The Markets DailyTectonic Advisors LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 10.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 426,401 shares of the company’s stock after acquiring an additional 38,779 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.7% of Tectonic Advisors LLC’s investment portfolio, making the stock its 12th largest position. Tectonic Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $40,312,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in AGG. Bank of America Corp DE grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after purchasing an additional 15,923,080 shares during the last quarter. Empower Annuity Insurance Co acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $267,968,630,000. Royal Bank of Canada lifted its stake in iShares Core U.S. Aggregate Bond ETF by 39.2% in the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after purchasing an additional 1,898,484 shares during the last quarter. Fifth Third Bancorp lifted its stake in iShares Core U.S. Aggregate Bond ETF by 144.7% in the 1st quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after purchasing an additional 1,882,701 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $169,512,000. Institutional investors own 83.63% of the company’s stock.
iShares Core U.S. Aggregate Bond ETF Trading Down 0.2%
iShares Core U.S. Aggregate Bond ETF stock traded down $0.16 during mid-day trading on Friday, reaching $95.96. The company had a trading volume of 7,446,518 shares, compared to its average volume of 9,589,422. The business has a fifty day simple moving average of $95.97 and a 200 day simple moving average of $97.64. The company has a market cap of $139.32 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $93.83 and a fifty-two week high of $101.46.
iShares Core U.S. Aggregate Bond ETF Company 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.
Read More
- Five stocks we like better than iShares Core U.S. Aggregate Bond ETF
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).