EverSource Wealth Advisors LLC Reduces Stock Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

EverSource Wealth Advisors LLC decreased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 22.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 4,542 shares of the company’s stock after selling 1,288 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $432,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. First Community Trust NA purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $25,000. Vima LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $27,000. Cetera Trust Company N.A purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $28,000. Atlas Capital Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth about $29,000. Finally, Elevate Wealth Advisory Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter worth about $31,000. Hedge funds and other 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 $1.11 during midday trading on Friday, reaching $100.33. 9,397,607 shares of the company were exchanged, compared to its average volume of 7,211,661. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $91.58 and a 1 year high of $100.37. The stock has a fifty day simple moving average of $97.61 and a 200 day simple moving average of $97.25.

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.