Lido Advisors LLC Purchases 490,607 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Lido Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 490,607 shares of the company’s stock, valued at approximately $46,382,000.

Several other institutional investors also recently modified their holdings of the business. Bank of America Corp DE increased its holdings in iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after purchasing an additional 15,923,080 shares during the period. WealthNavi Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock worth $1,172,692,000 after purchasing an additional 653,006 shares during the last quarter. PNC Financial Services Group Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock worth $1,026,080,000 after purchasing an additional 451,566 shares during the last quarter. Royal Bank of Canada raised its position in iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock worth $669,542,000 after purchasing an additional 1,898,484 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 12.7% during the 1st quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock worth $660,051,000 after buying an additional 750,257 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.7%

Shares of AGG opened at $95.88 on Wednesday. The stock’s 50-day moving average price is $95.66 and its two-hundred day moving average price is $98.12. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.83 and a 12 month high of $101.46. The company has a market capitalization of $138.19 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.