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

Bank of Montreal Can cut its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,268,562 shares of the company’s stock after selling 173,622 shares during the quarter. Bank of Montreal Can owned 0.11% of iShares Core U.S. Aggregate Bond ETF worth $124,268,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. First Community Trust NA bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $25,000. Vima LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth $27,000. Lynx Investment Advisory purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at about $28,000. Atlas Capital Advisors LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $29,000. Finally, Elevate Wealth Advisory Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $31,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $101.44 on Tuesday. The business has a fifty day moving average of $100.08 and a 200 day moving average of $97.99. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $91.58 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.