Principal Financial Group Inc. Sells 155,640 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Principal Financial Group Inc. lowered its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 49.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 161,504 shares of the company’s stock after selling 155,640 shares during the period. Principal Financial Group Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $16,191,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after buying an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after acquiring an additional 3,044 shares during the last quarter. Vontobel Holding Ltd. lifted its position in iShares Core U.S. Aggregate Bond ETF by 6.9% in the 2nd quarter. Vontobel Holding Ltd. now owns 4,805 shares of the company’s stock valued at $477,000 after acquiring an additional 310 shares in the last quarter. Eastern Bank boosted its stake in iShares Core U.S. Aggregate Bond ETF by 79.1% during the 2nd quarter. Eastern Bank now owns 3,046 shares of the company’s stock valued at $302,000 after purchasing an additional 1,345 shares during the last quarter. Finally, Cerro Pacific Wealth Advisors LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF during the 2nd quarter valued at about $226,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG opened at $100.16 on Tuesday. The firm has a market capitalization of $138.42 billion, a P/E ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.15 and a 52 week high of $101.35. The stock has a 50 day moving average price of $100.03 and a two-hundred day moving average price of $100.02.

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.