First Citizens Bank & Trust Co. Buys New Position in iShares Core U.S. Aggregate Bond ETF $AGG

First Citizens Bank & Trust Co. purchased a new position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the third quarter, HoldingsChannel reports. The institutional investor purchased 1,397,620 shares of the company’s stock, valued at approximately $132,131,000. iShares Core U.S. Aggregate Bond ETF makes up approximately 1.8% of First Citizens Bank & Trust Co.’s holdings, making the stock its 13th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Focus Financial Network Inc. raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.8% during the 3rd quarter. Focus Financial Network Inc. now owns 679,072 shares of the company’s stock valued at $64,199,000 after buying an additional 37,235 shares in the last quarter. Liberty Atlantic Advisors LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 17.9% during the 3rd quarter. Liberty Atlantic Advisors LLC now owns 82,077 shares of the company’s stock worth $7,760,000 after acquiring an additional 12,490 shares during the last quarter. Foundation Wealth Management LLC PA lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 3.6% during the 3rd quarter. Foundation Wealth Management LLC PA now owns 5,313 shares of the company’s stock worth $502,000 after acquiring an additional 183 shares during the last quarter. MFA Wealth Services lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 3rd quarter. MFA Wealth Services now owns 13,353 shares of the company’s stock worth $1,262,000 after acquiring an additional 563 shares during the last quarter. Finally, XY Planning Network Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 62.2% in the third quarter. XY Planning Network Inc. now owns 6,058 shares of the company’s stock worth $573,000 after acquiring an additional 2,322 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG opened at $94.71 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 firm has a fifty day moving average of $96.30 and a 200 day moving average of $97.83. The firm has a market capitalization of $137.31 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.