Eastern Bank Buys 10,229 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Eastern Bank increased its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 604.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,920 shares of the company’s stock after purchasing an additional 10,229 shares during the quarter. Eastern Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,191,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after acquiring an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after acquiring an additional 3,044 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $111,000. Loomis Sayles & Co. L P boosted its stake in iShares Core U.S. Aggregate Bond ETF by 6,265.9% in the second quarter. Loomis Sayles & Co. L P now owns 132,411 shares of the company’s stock valued at $13,135,000 after acquiring an additional 130,331 shares in the last quarter. Finally, Schroder Investment Management Group grew its holdings in iShares Core U.S. Aggregate Bond ETF by 3.1% in the second quarter. Schroder Investment Management Group now owns 163,852 shares of the company’s stock worth $16,189,000 after purchasing an additional 4,926 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $98.54 on Monday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.15 and a 12-month high of $101.46. The business’s fifty day simple moving average is $100.09 and its 200-day simple moving average is $100.24. The company has a market cap of $136.18 billion, a PE ratio of 124.57 and a beta of 0.25.

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.