NewEdge Advisors LLC Sells 83,741 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

NewEdge Advisors LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 854,978 shares of the company’s stock after selling 83,741 shares during the period. NewEdge Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $84,874,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. raised its position in iShares Core U.S. Aggregate Bond ETF by 30.1% in the 4th quarter. NBC Securities Inc. now owns 59,388 shares of the company’s stock worth $5,932,000 after purchasing an additional 13,724 shares during the period. Clearstead Advisors LLC boosted its position in iShares Core U.S. Aggregate Bond ETF by 22.2% during the fourth quarter. Clearstead Advisors LLC now owns 217,140 shares of the company’s stock valued at $21,688,000 after buying an additional 39,415 shares during the period. SBI Securities Co. Ltd. boosted its position in iShares Core U.S. Aggregate Bond ETF by 2.7% during the fourth quarter. SBI Securities Co. Ltd. now owns 213,215 shares of the company’s stock valued at $21,296,000 after buying an additional 5,630 shares during the period. BCS Wealth Management grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 125.3% during the fourth quarter. BCS Wealth Management now owns 246,808 shares of the company’s stock valued at $24,651,000 after buying an additional 137,238 shares during the last quarter. Finally, Westfuller Advisors LLC grew its stake in shares of iShares Core U.S. Aggregate Bond ETF by 35.0% during the fourth quarter. Westfuller Advisors LLC now owns 36,632 shares of the company’s stock valued at $3,659,000 after buying an additional 9,501 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.3%

AGG opened at $97.43 on Friday. The company has a market cap of $137.48 billion, a P/E ratio of 124.57 and a beta of 0.25. The business’s 50-day moving average price is $98.31 and its 200-day moving average price is $99.15. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $97.12 and a 12 month high of $101.46.

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.