MV Capital Management Inc. Decreases Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

MV Capital Management Inc. lessened its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 250,367 shares of the company’s stock after selling 75,707 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises 2.8% of MV Capital Management Inc.’s holdings, making the stock its 7th biggest holding. MV Capital Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $24,521,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AGG. First Pacific Financial bought a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. First Community Trust NA bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $25,000. Vima LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $27,000. Cetera Trust Company N.A bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $28,000. Finally, Atlas Capital Advisors LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:AGG traded up $0.32 during midday trading on Tuesday, hitting $96.57. 5,422,428 shares of the stock were exchanged, compared to its average volume of 8,304,362. The business’s 50-day moving average price is $96.69 and its 200 day moving average price is $97.35. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $91.58 and a 12 month high of $99.70.

iShares Core U.S. Aggregate Bond ETF Company 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.