Comerica Bank Acquires 885,705 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Comerica Bank increased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 52.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,570,509 shares of the company’s stock after buying an additional 885,705 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises approximately 1.0% of Comerica Bank’s investment portfolio, making the stock its 14th biggest holding. Comerica Bank owned about 0.19% of iShares Core U.S. Aggregate Bond ETF worth $256,742,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 3.8% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 73,053 shares of the company’s stock worth $7,297,000 after buying an additional 2,684 shares in the last quarter. Aspen Capital Management LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth approximately $223,000. Anchyra Partners LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth $1,262,000. D.A. Davidson & CO. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.1% during the fourth quarter. D.A. Davidson & CO. now owns 4,831,227 shares of the company’s stock worth $482,543,000 after purchasing an additional 232,809 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 621,290 shares of the company’s stock worth $62,054,000 after purchasing an additional 8,398 shares in 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 $99.59 on Monday. The business’s fifty day simple moving average is $99.81 and its 200-day simple moving average is $100.11. The company has a market cap of $136.07 billion, a PE ratio of 124.57 and a beta of 0.27. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $96.66 and a 12-month high of $101.46.

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.