New York Life Investment Management LLC Has $48.36 Million Stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

New York Life Investment Management LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 499,110 shares of the company’s stock after purchasing an additional 40,941 shares during the quarter. New York Life Investment Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $48,364,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Professional Financial Advisors LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 1.3% during the fourth quarter. Professional Financial Advisors LLC now owns 664,736 shares of the company’s stock worth $64,413,000 after buying an additional 8,242 shares during the period. Fairvoy Private Wealth LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $12,479,000. Kingsview Wealth Management LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 35.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,286,651 shares of the company’s stock worth $124,676,000 after acquiring an additional 339,637 shares in the last quarter. Drucker Wealth 3.0 LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 6.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 5,724 shares of the company’s stock worth $580,000 after acquiring an additional 340 shares in the last quarter. Finally, World Investment Advisors LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1,845.5% during the third quarter. World Investment Advisors LLC now owns 320,965 shares of the company’s stock worth $32,037,000 after acquiring an additional 304,467 shares in the last quarter. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $98.96 on Thursday. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04. The firm has a market capitalization of $124.69 billion, a PE ratio of 125.24 and a beta of 0.20. The business’s 50-day simple moving average is $97.14 and its 200 day simple moving average is $98.73.

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.