Truist Financial Corp boosted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 4.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,640,520 shares of the company’s stock after buying an additional 313,094 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.0% of Truist Financial Corp’s portfolio, making the stock its 16th biggest position. Truist Financial Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $763,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also made changes to their positions in the company. Valley National Advisers Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% in the 4th quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Wiser Advisor Group LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $29,000. North Ridge Wealth Advisors Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $29,000. Collier Financial purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $31,000. Finally, JCIC Asset Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $32,000. 83.63% of the stock is owned by hedge funds and other institutional investors.
iShares Core U.S. Aggregate Bond ETF Stock Performance
iShares Core U.S. Aggregate Bond ETF stock opened at $98.90 on Monday. The company’s 50 day simple moving average is $99.68 and its 200-day simple moving average is $100.08. The company has a market capitalization of $135.13 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $96.66 and a 1 year high of $101.46.
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.
Further Reading
Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).
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