Bank of Montreal Can Increases Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Bank of Montreal Can raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,634,194 shares of the company’s stock after acquiring an additional 237,011 shares during the period. Bank of Montreal Can owned approximately 0.20% of iShares Core U.S. Aggregate Bond ETF worth $264,078,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Angeles Investment Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. North Ridge Wealth Advisors Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth approximately $29,000. Collier Financial purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $31,000. JCIC Asset Management Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at about $32,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $40,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.3%

NYSEARCA AGG opened at $100.11 on Wednesday. The business’s fifty day simple moving average is $100.33 and its 200-day simple moving average is $100.28. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.46. The firm has a market cap of $138.35 billion, a PE ratio of 124.57 and a beta of 0.25.

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.