Cibc World Markets Corp Purchases 3,225 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cibc World Markets Corp boosted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 67,541 shares of the company’s stock after acquiring an additional 3,225 shares during the period. Cibc World Markets Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,545,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $25,000. Kozak & Associates Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $33,000. Bank of Jackson Hole Trust purchased a new position in iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $35,000. Finally, Stonebridge Financial Group LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $43,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.1 %

AGG stock opened at $98.51 on Wednesday. The firm has a market cap of $125.11 billion, a PE ratio of 125.34 and a beta of 0.22. The business has a 50 day moving average of $97.65 and a 200-day moving average of $98.55. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $94.85 and a 12-month high of $102.04.

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.