iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Lessened by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. lessened its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 22.0% in the third quarter, HoldingsChannel reports. The fund owned 29,134 shares of the company’s stock after selling 8,206 shares during the period. Salem Investment Counselors Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $2,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after purchasing an additional 15,923,080 shares during the period. Russell Investments Group Ltd. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 90,400,033.3% during the 4th quarter. Russell Investments Group Ltd. now owns 2,712,004 shares of the company’s stock worth $270,875,000 after purchasing an additional 2,712,001 shares during the last quarter. Empower Annuity Insurance Co acquired a new stake in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $267,968,630,000. Royal Bank of Canada boosted its stake in iShares Core U.S. Aggregate Bond ETF by 39.2% in the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after purchasing an additional 1,898,484 shares during the period. Finally, Fifth Third Bancorp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 144.7% in the 1st quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after purchasing an additional 1,882,701 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $94.82 on Thursday. The business has a fifty day simple moving average of $96.24 and a 200 day simple moving average of $97.81. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $93.83 and a 1 year high of $101.46. The company has a market capitalization of $137.47 billion, a PE ratio of 124.57 and a beta of 0.26.

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.