Bank of Montreal Can Raises Stock Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Bank of Montreal Can grew its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.8% in the third quarter, Holdings Channel reports. The institutional investor owned 1,367,395 shares of the company’s stock after acquiring an additional 98,833 shares during the quarter. Bank of Montreal Can’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $138,791,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. FineMark National Bank & Trust boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 0.7% in the 2nd quarter. FineMark National Bank & Trust now owns 14,659 shares of the company’s stock worth $1,423,000 after buying an additional 108 shares during the last quarter. Spectrum Investment Advisors Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 24.1% in the second quarter. Spectrum Investment Advisors Inc. now owns 46,767 shares of the company’s stock worth $4,540,000 after acquiring an additional 9,087 shares during the last quarter. Wagner Wealth Management LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 30,500.0% during the third quarter. Wagner Wealth Management LLC now owns 306 shares of the company’s stock worth $31,000 after purchasing an additional 305 shares in the last quarter. AE Wealth Management LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 48.7% in the 2nd quarter. AE Wealth Management LLC now owns 151,969 shares of the company’s stock valued at $14,752,000 after purchasing an additional 49,761 shares during the last quarter. Finally, Heritage Wealth Management Inc. purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at $2,097,000. 83.63% of the stock is owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.9 %

Shares of AGG opened at $98.70 on Tuesday. The firm’s fifty day moving average is $99.33 and its two-hundred day moving average is $98.79. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $94.85 and a 52-week high of $102.04.

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.