Fifth Third Bancorp Acquires 1,882,701 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Fifth Third Bancorp grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 144.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,183,564 shares of the company’s stock after buying an additional 1,882,701 shares during the period. Fifth Third Bancorp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $316,032,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Kampmann Melissa S. boosted its position in iShares Core U.S. Aggregate Bond ETF by 1.0% during the fourth quarter. Kampmann Melissa S. now owns 10,508 shares of the company’s stock worth $1,051,000 after purchasing an additional 100 shares during the period. Verus Wealth Management LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock worth $800,000 after buying an additional 106 shares during the period. Childress Capital Advisors LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 1.0% in the 1st quarter. Childress Capital Advisors LLC now owns 10,646 shares of the company’s stock valued at $1,057,000 after buying an additional 107 shares during the last quarter. Stephens Consulting LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 9.4% in the 4th quarter. Stephens Consulting LLC now owns 1,288 shares of the company’s stock valued at $129,000 after acquiring an additional 111 shares during the period. Finally, Hoge Financial Services LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the fourth quarter. Hoge Financial Services LLC now owns 8,521 shares of the company’s stock worth $851,000 after acquiring an additional 111 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.1%

Shares of iShares Core U.S. Aggregate Bond ETF stock traded down $0.10 on Friday, hitting $98.08. The stock had a trading volume of 7,745,404 shares, compared to its average volume of 9,452,830. The stock has a market cap of $138.28 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.51 and a twelve month high of $101.46. The business’s 50 day moving average is $98.65 and its two-hundred day moving average is $99.47.

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.