iShares Core U.S. Aggregate Bond ETF $AGG Shares Newly Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 5,801,590 shares of the company’s stock, valued at approximately $548,482,000. iShares Core U.S. Aggregate Bond ETF comprises 2.9% of D.A. Davidson & CO.’s holdings, making the stock its 4th biggest position.

A number of other hedge funds have also recently modified their holdings of AGG. Bank of America Corp DE boosted its position in iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st 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. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock worth $1,172,692,000 after purchasing an additional 653,006 shares during the last quarter. PNC Financial Services Group Inc. lifted 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 acquiring an additional 451,566 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% in the first 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 in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in 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 buying 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 Down 0.2%

AGG stock opened at $95.89 on Thursday. The business has a fifty day moving average of $95.90 and a two-hundred day moving average of $98.30. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $93.83 and a 52-week high of $101.46. The stock has a market cap of $139.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

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.