CIBC Bancorp USA Inc. Purchases New Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

CIBC Bancorp USA Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 69,815 shares of the company’s stock, valued at approximately $6,999,000.

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

iShares Core U.S. Aggregate Bond ETF Stock Down 0.8%

AGG opened at $98.66 on Friday. The firm has a 50-day moving average price of $100.23 and a 200-day moving average price of $100.27. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.15 and a twelve month high of $101.46. The company has a market capitalization of $136.35 billion, a price-to-earnings 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.