Arrowpoint Investment Partners Singapore Pte. Ltd. Invests $762,000 in iShares Core U.S. Aggregate Bond ETF $AGG

Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,600 shares of the company’s stock, valued at approximately $762,000.

Several other institutional investors also recently added to or reduced their stakes in AGG. Bank OZK boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.7% in the third quarter. Bank OZK now owns 2,497 shares of the company’s stock worth $250,000 after purchasing an additional 221 shares in the last quarter. Elite Financial Inc. acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $297,000. Comerica Bank raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% during the third quarter. Comerica Bank now owns 1,684,804 shares of the company’s stock worth $168,902,000 after acquiring an additional 74,834 shares during the last quarter. Texas Capital Bancshares Inc TX bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth $7,287,000. Finally, WCG Wealth Advisors LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 18.8% during the third quarter. WCG Wealth Advisors LLC now owns 68,863 shares of the company’s stock valued at $6,904,000 after acquiring an additional 10,905 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG stock opened at $99.21 on Friday. 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’s 50 day moving average price is $100.30 and its two-hundred day moving average price is $100.27. The stock has a market cap of $137.11 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.