McKinley Carter Wealth Services Inc. Sells 46,505 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

McKinley Carter Wealth Services Inc. trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 7.2% during the fourth quarter, HoldingsChannel reports. The fund owned 601,023 shares of the company’s stock after selling 46,505 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises 3.4% of McKinley Carter Wealth Services Inc.’s holdings, making the stock its 5th biggest position. McKinley Carter Wealth Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $60,030,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AGG. Valley National Advisers Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the period. Cresta Advisors Ltd. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. Wiser Advisor Group LLC acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $29,000. North Ridge Wealth Advisors Inc. acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth about $29,000. Finally, Collier Financial acquired a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter worth about $31,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.0%

AGG stock opened at $98.01 on Tuesday. The company has a market cap of $133.91 billion, a P/E ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $96.66 and a 52 week high of $101.46. The company’s 50-day moving average price is $99.24 and its 200 day moving average price is $99.91.

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.