First Hawaiian Bank Raises Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

First Hawaiian Bank grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 221,699 shares of the company’s stock after buying an additional 10,163 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for 2.9% of First Hawaiian Bank’s portfolio, making the stock its 7th biggest position. First Hawaiian Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $22,225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Angeles Investment Advisors LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $26,000. North Ridge Wealth Advisors Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $29,000. Transce3nd LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 84.7% during the second quarter. Transce3nd LLC now owns 484 shares of the company’s stock valued at $48,000 after buying an additional 222 shares during the period. IMA Advisory Services Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at about $60,000. Finally, Semmax Financial Advisors Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 1,966.7% in the first quarter. Semmax Financial Advisors Inc. now owns 620 shares of the company’s stock worth $61,000 after buying an additional 590 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 Price Performance

Shares of AGG opened at $99.91 on Tuesday. The company has a 50-day simple moving average of $100.44 and a two-hundred day simple moving average of $99.50. The firm has a market capitalization of $134.45 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year 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.