May Hill Capital LLC Takes Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

May Hill Capital LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) in the fourth quarter, Holdings Channel reports. The fund acquired 53,740 shares of the company’s stock, valued at approximately $5,207,000. iShares Core U.S. Aggregate Bond ETF comprises 2.0% of May Hill Capital LLC’s investment portfolio, making the stock its 10th biggest position.

Several other institutional investors have also made changes to their positions in AGG. Fiduciary Trust Co bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $246,000. Rockefeller Capital Management L.P. raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 9.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 168,682 shares of the company’s stock worth $17,082,000 after buying an additional 14,719 shares in the last quarter. Verition Fund Management LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $506,000. Paloma Partners Management Co bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $1,377,000. Finally, Benjamin Edwards Inc. boosted its stake in iShares Core U.S. Aggregate Bond ETF by 1,294.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 96,223 shares of the company’s stock valued at $9,744,000 after buying an additional 89,322 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG opened at $98.92 on Tuesday. The firm has a market cap of $125.63 billion, a price-to-earnings ratio of 126.17 and a beta of 0.24. The firm’s 50-day simple moving average is $98.04 and its 200-day simple moving average is $98.39. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $94.85 and a twelve month 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.