Money Concepts Capital Corp Makes New $10.12 Million Investment in iShares Core U.S. Aggregate Bond ETF $AGG

Money Concepts Capital Corp bought a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 107,070 shares of the company’s stock, valued at approximately $10,122,000.

Several other hedge funds have also added to or reduced their stakes in the business. Empower Annuity Insurance Co bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at about $267,968,630,000. Bank of America Corp DE lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after acquiring an additional 15,923,080 shares during the last quarter. WealthNavi Inc. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock valued at $1,172,692,000 after acquiring an additional 653,006 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings 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 valued at $1,026,080,000 after acquiring an additional 451,566 shares during the period. Finally, Royal Bank of Canada boosted its holdings 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 valued at $669,542,000 after acquiring an additional 1,898,484 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $95.22 on Friday. The stock’s 50 day simple moving average is $95.61 and its 200 day simple moving average is $98.08. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $93.83 and a 1 year high of $101.46. The firm has a market cap of $137.24 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

iShares Core U.S. Aggregate Bond ETF 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.