SVB Wealth LLC Sells 30,713 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

SVB Wealth LLC decreased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 292,301 shares of the company’s stock after selling 30,713 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 1.9% of SVB Wealth LLC’s portfolio, making the stock its 12th biggest position. SVB Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,634,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Compass Financial Group Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.5% during the third quarter. Compass Financial Group Inc. now owns 29,553 shares of the company’s stock valued at $2,794,000 after acquiring an additional 727 shares in the last quarter. Opus Financial Solutions LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $218,000. CENTRAL TRUST Co purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $3,288,000. Fifth Third Bancorp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 15.8% in the 3rd quarter. Fifth Third Bancorp now owns 3,749,918 shares of the company’s stock worth $354,517,000 after purchasing an additional 510,368 shares in the last quarter. Finally, CVS HEALTH Corp acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $14,153,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.6%

NYSEARCA:AGG opened at $95.22 on Friday. The company has a market cap of $137.24 billion, a PE ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $93.83 and a twelve month high of $101.46. The company’s 50 day moving average is $95.61 and its two-hundred day moving average is $98.08.

iShares Core U.S. Aggregate Bond ETF Profile

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.