Bank of America Corp DE Boosts Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Bank of America Corp DE lifted its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,902,750 shares of the company’s stock after purchasing an additional 1,915,497 shares during the quarter. Bank of America Corp DE owned approximately 3.38% of iShares Core U.S. Aggregate Bond ETF worth $4,355,153,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Angeles Investment Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $26,000. Transce3nd LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 84.7% in the 2nd quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after purchasing an additional 222 shares during the last quarter. IMA Advisory Services Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth $60,000. Activest Wealth Management boosted its stake in iShares Core U.S. Aggregate Bond ETF by 252.6% during the 2nd quarter. Activest Wealth Management now owns 617 shares of the company’s stock worth $61,000 after purchasing an additional 442 shares during the period. Finally, Semmax Financial Advisors Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 1,966.7% during the 1st quarter. Semmax Financial Advisors Inc. now owns 620 shares of the company’s stock worth $61,000 after purchasing an additional 590 shares during the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $99.81 on Friday. The firm’s fifty day moving average is $100.44 and its two-hundred day moving average is $99.46. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.35. The firm has a market cap of $134.31 billion, a PE ratio of 124.57 and a beta of 0.25.

iShares Core U.S. Aggregate Bond ETF Company 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.