iShares Core U.S. Aggregate Bond ETF $AGG Stock Position Trimmed by First Citizens Asset Management Inc.

First Citizens Asset Management Inc. cut its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 49.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 297,832 shares of the company’s stock after selling 287,875 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 10.6% of First Citizens Asset Management Inc.’s holdings, making the stock its 4th largest position. First Citizens Asset Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $29,858,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.1% during the second quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after purchasing an additional 9,922,958 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 54,218,326 shares of the company’s stock valued at $5,378,443,000 after buying an additional 5,728,914 shares during the last quarter. Nisa Investment Advisors LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $395,573,000. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,959,615 shares of the company’s stock valued at $1,880,794,000 after buying an additional 2,093,359 shares during the period. Finally, United Services Automobile Association grew its holdings in iShares Core U.S. Aggregate Bond ETF by 70.1% during the second quarter. United Services Automobile Association now owns 5,022,980 shares of the company’s stock worth $498,280,000 after acquiring an additional 2,069,200 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.4%

Shares of AGG stock opened at $99.69 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $96.15 and a twelve month high of $101.35. The stock has a market cap of $137.67 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock has a 50 day moving average of $100.11 and a 200 day moving average of $99.96.

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.