Exchange Bank Sells 15,247 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Exchange Bank decreased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 14.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,929 shares of the company’s stock after selling 15,247 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 7.1% of Exchange Bank’s portfolio, making the stock its largest holding. Exchange Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $8,612,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Pacific Financial acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. First Community Trust NA bought a new position in iShares Core U.S. Aggregate Bond ETF in the first quarter worth $25,000. Vima LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $27,000. Cetera Trust Company N.A bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $28,000. Finally, Elevate Wealth Advisory Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $31,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4 %

AGG stock traded down $0.42 during midday trading on Wednesday, hitting $97.41. The stock had a trading volume of 1,364,285 shares, compared to its average volume of 8,254,348. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $91.58 and a 52 week high of $99.70. The stock has a 50-day simple moving average of $96.56 and a 200 day simple moving average of $97.38.

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.