iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stock Short Interest Report for October

iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 12,478,200 shares, a decline of 44.1% from the September 30th total of 22,339,432 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average trading volume of 13,393,043 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On iShares Core U.S. Aggregate Bond ETF

Large investors have recently modified their holdings of the stock. Empower Annuity Insurance Co purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at approximately $267,968,630,000. Bank of America Corp DE grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. WealthNavi Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock worth $1,172,692,000 after buying an additional 653,006 shares during the last quarter. PNC Financial Services Group Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 4.6% during the first quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock valued at $1,026,080,000 after purchasing an additional 451,566 shares in the last quarter. Finally, Royal Bank of Canada lifted its position 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 worth $669,542,000 after buying an additional 1,898,484 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 Performance

AGG traded up $0.21 during mid-day trading on Friday, reaching $96.36. 18,668,952 shares of the stock were exchanged, compared to its average volume of 9,662,383. The stock has a market capitalization of $139.81 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $93.83 and a 1 year high of $101.46. The company has a 50 day moving average price of $95.84 and a two-hundred day moving average price of $98.26.

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.