GDS Wealth Management Sells 1,231 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

GDS Wealth Management lessened its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 27.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 3,280 shares of the company’s stock after selling 1,231 shares during the quarter. GDS Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of AGG. Global Assets Advisory LLC lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 12,066.6% during the first quarter. Global Assets Advisory LLC now owns 5,861,868 shares of the company’s stock valued at $574,111,000 after purchasing an additional 5,813,688 shares in the last quarter. State of Michigan Retirement System bought a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth $498,454,000. Envestnet Asset Management Inc. increased its stake in iShares Core U.S. Aggregate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 44,077,554 shares of the company’s stock worth $4,278,608,000 after buying an additional 4,641,016 shares in the last quarter. US Bancorp DE increased its stake in 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 buying an additional 3,071,624 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in iShares Core U.S. Aggregate Bond ETF by 4.0% during the second quarter. Raymond James & Associates now owns 68,688,883 shares of the company’s stock valued at $6,667,630,000 after acquiring an additional 2,640,524 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Up 0.2 %

NYSEARCA AGG opened at $101.98 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $91.58 and a twelve month high of $102.04. The business has a 50-day moving average price of $99.71 and a 200-day moving average price of $97.85.

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.