Stanich Group LLC Makes New Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Stanich Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 161,137 shares of the company’s stock, valued at approximately $15,235,000. iShares Core U.S. Aggregate Bond ETF makes up about 7.4% of Stanich Group LLC’s portfolio, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in 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 valued at $6,915,196,000 after purchasing an additional 15,923,080 shares in the last quarter. WealthNavi Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 3.2% in the first quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock valued at $1,142,930,000 after purchasing an additional 354,238 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in 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 during the period. Royal Bank of Canada increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock worth $669,542,000 after purchasing an additional 1,898,484 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 12.7% during the first quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock worth $660,051,000 after purchasing an additional 750,257 shares in 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

Shares of AGG traded down $0.03 during mid-day trading on Friday, hitting $95.38. 11,388,734 shares of the company were exchanged, compared to its average volume of 9,586,846. 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 of $96.16 and a 200-day moving average of $97.77. The stock has a market cap of $138.48 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.