BCS Wealth Management Acquires 15,666 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

BCS Wealth Management raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 11.0% during the third quarter, Holdings Channel.com reports. The fund owned 157,869 shares of the company’s stock after buying an additional 15,666 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.6% of BCS Wealth Management’s portfolio, making the stock its 4th largest position. BCS Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $14,925,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AGG. Bank of America Corp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% in the first quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock valued at $6,915,196,000 after acquiring an additional 15,923,080 shares in the last quarter. WealthNavi Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 12,404,190 shares of the company’s stock worth $1,172,692,000 after purchasing an additional 653,006 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Core U.S. Aggregate Bond ETF by 4.6% during 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 purchasing an additional 451,566 shares during the period. Royal Bank of Canada raised its stake in iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after purchasing an additional 1,898,484 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in iShares Core U.S. Aggregate Bond ETF by 12.7% during 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 purchasing an additional 750,257 shares during the period. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA AGG opened at $96.55 on Monday. The stock’s 50 day moving average is $95.71 and its 200 day moving average is $98.16. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.83 and a 12 month high of $101.46. The stock has a market cap of $139.35 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.