Columbia Bank Purchases 29,437 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Columbia Bank increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 108.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 56,654 shares of the company’s stock after purchasing an additional 29,437 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 1.6% of Columbia Bank’s holdings, making the stock its 13th biggest holding. Columbia Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $5,707,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AGG. Envestnet Asset Management Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after purchasing an additional 5,728,914 shares during the last quarter. Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 43,902,750 shares of the company’s stock valued at $4,355,153,000 after buying an additional 1,915,497 shares during the last quarter. Betterment LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 5.4% during the 2nd quarter. Betterment LLC now owns 23,067,850 shares of the company’s stock worth $2,288,331,000 after buying an additional 1,191,388 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 9.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,113,855 shares of the company’s stock worth $1,813,740,000 after acquiring an additional 1,607,890 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 3.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,963,480 shares of the company’s stock worth $1,186,777,000 after acquiring an additional 417,611 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $100.67 on Friday. The company has a market capitalization of $139.13 billion, a P/E ratio of 124.57 and a beta of 0.25. The company has a fifty day moving average price of $100.04 and a 200-day moving average price of $100.04. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $96.15 and a 52-week high of $101.35.

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.