IFP Advisors Inc cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 12.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 96,906 shares of the company’s stock after selling 13,948 shares during the quarter. IFP Advisors Inc’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $9,715,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wiser Advisor Group LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $29,000. North Ridge Wealth Advisors Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF during the second quarter worth $29,000. Collier Financial acquired a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter worth $31,000. JCIC Asset Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter worth $32,000. Finally, Evolution Wealth Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF during the third quarter worth $40,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.
iShares Core U.S. Aggregate Bond ETF Stock Performance
iShares Core U.S. Aggregate Bond ETF stock opened at $99.38 on Thursday. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $96.15 and a fifty-two week high of $101.46. The firm has a market capitalization of $137.34 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The stock’s fifty day moving average is $100.27 and its two-hundred day moving average is $100.28.
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.
Further Reading
Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).
Receive News & Ratings for iShares Core U.S. Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core U.S. Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
