Cibc World Markets Corp Raises Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Cibc World Markets Corp raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,541 shares of the company’s stock after buying an additional 3,225 shares during the quarter. Cibc World Markets Corp’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,545,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AGG. Empowered Funds LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 30.7% in the 3rd quarter. Empowered Funds LLC now owns 23,745 shares of the company’s stock valued at $2,397,000 after acquiring an additional 5,581 shares during the last quarter. Strengthening Families & Communities LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 1.8% during the third quarter. Strengthening Families & Communities LLC now owns 6,834 shares of the company’s stock valued at $692,000 after purchasing an additional 124 shares during the period. Common Fund For Nonprofit Organizations boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 183.9% during the third quarter. Common Fund For Nonprofit Organizations now owns 165,585 shares of the company’s stock valued at $16,769,000 after purchasing an additional 107,251 shares during the period. Pathstone Holdings LLC grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.7% in the third quarter. Pathstone Holdings LLC now owns 48,902 shares of the company’s stock worth $4,952,000 after purchasing an additional 830 shares during the last quarter. Finally, Chesapeake Wealth Management increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 8.0% in the third quarter. Chesapeake Wealth Management now owns 145,577 shares of the company’s stock worth $14,743,000 after buying an additional 10,802 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of AGG opened at $98.51 on Wednesday. The stock has a market capitalization of $125.11 billion, a P/E ratio of 125.34 and a beta of 0.22. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month high of $102.04. The firm has a fifty day simple moving average of $97.65 and a two-hundred day simple moving average of $98.55.

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.