Noesis Capital Mangement Corp Purchases 6,102 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Noesis Capital Mangement Corp purchased a new stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 6,102 shares of the company’s stock, valued at approximately $577,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after buying an additional 15,923,080 shares during the period. Empower Annuity Insurance Co acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth $267,968,630,000. Royal Bank of Canada boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% in the first quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after acquiring an additional 1,898,484 shares during the period. Fifth Third Bancorp boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 144.7% in the first quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after acquiring an additional 1,882,701 shares during the period. Finally, Ferguson Wellman Capital Management Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the third quarter valued at about $169,512,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $96.05 on Tuesday. The company’s 50-day simple moving average is $95.98 and its 200 day simple moving average is $98.36. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $93.83 and a 52 week high of $101.46. The company has a market capitalization of $139.45 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.