Farmers & Merchants Investments Inc. Sells 1,722 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Farmers & Merchants Investments Inc. lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 50,799 shares of the company’s stock after selling 1,722 shares during the period. Farmers & Merchants Investments Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,931,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Assets Advisory LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 12,066.6% during the 1st quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock worth $574,111,000 after purchasing an additional 5,813,688 shares during the period. State of Michigan Retirement System acquired a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $498,454,000. US Bancorp DE lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 11.8% in the 4th quarter. US Bancorp DE now owns 29,007,988 shares of the company’s stock worth $2,879,058,000 after acquiring an additional 3,071,624 shares during the period. Raymond James & Associates grew its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock worth $6,667,630,000 after purchasing an additional 2,640,524 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 16.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 17,226,230 shares of the company’s stock valued at $1,687,137,000 after purchasing an additional 2,455,461 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG traded down $0.06 during trading hours on Friday, reaching $101.00. The stock had a trading volume of 891,251 shares, compared to its average volume of 8,009,867. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $101.18. The business’s fifty day moving average is $99.08 and its two-hundred day moving average is $97.63.

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.