iShares Core U.S. Aggregate Bond ETF $AGG Shares Newly Acquired by Bell Bank

Bell Bank 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 disclosure with the Securities & Exchange Commission. The firm purchased 753,833 shares of the company’s stock, valued at approximately $71,267,000. iShares Core U.S. Aggregate Bond ETF accounts for about 2.7% of Bell Bank’s investment portfolio, making the stock its 9th largest position. Bell Bank owned approximately 0.05% of iShares Core U.S. Aggregate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AGG. Carnegie Investment Counsel acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at $890,000. Pinnacle Associates Ltd. lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.6% during the third quarter. Pinnacle Associates Ltd. now owns 20,566 shares of the company’s stock worth $1,944,000 after purchasing an additional 321 shares in the last quarter. Ironwood Financial llc acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $3,964,000. Integrated Advisors Network LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 33.9% during the third quarter. Integrated Advisors Network LLC now owns 43,977 shares of the company’s stock worth $4,158,000 after purchasing an additional 11,145 shares in the last quarter. Finally, Bluestem Financial Advisors LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 196.7% during the third quarter. Bluestem Financial Advisors LLC now owns 126,676 shares of the company’s stock worth $11,976,000 after purchasing an additional 83,985 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2%

Shares of NYSEARCA:AGG opened at $95.27 on Wednesday. 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 50 day moving average of $96.08 and a two-hundred day moving average of $97.70. The company has a market capitalization of $138.32 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26.

About iShares Core U.S. Aggregate Bond ETF

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.