iShares Core U.S. Aggregate Bond ETF $AGG Stock: Mascoma Wealth Management LLC Boosts Holdings

Mascoma Wealth Management LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.0% in the third quarter, HoldingsChannel reports. The firm owned 561,045 shares of the company’s stock after buying an additional 21,452 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 9.6% of Mascoma Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Mascoma Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $53,041,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AGG. Bank of America Corp DE raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during 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 buying an additional 15,923,080 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in 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 buying an additional 451,566 shares during the period. Royal Bank of Canada lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% in the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after buying an additional 1,898,484 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12.7% in the 1st quarter. Bank of New York Mellon Corp now owns 6,649,043 shares of the company’s stock valued at $660,051,000 after buying an additional 750,257 shares during the period. Finally, Members Trust Co boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.3% in the first quarter. Members Trust Co now owns 5,724,306 shares of the company’s stock worth $568,252,000 after buying an additional 234,410 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

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

Shares of AGG opened at $95.96 on Friday. The company has a market capitalization of $139.32 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $93.83 and a 52 week high of $101.46. The stock’s 50-day moving average price is $95.97 and its 200-day moving average price is $97.64.

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.