Phillips Financial Management LLC Cuts Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Phillips Financial Management LLC trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 23.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 286,114 shares of the company’s stock after selling 86,160 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 2.2% of Phillips Financial Management LLC’s portfolio, making the stock its 14th biggest position. Phillips Financial Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $27,724,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in AGG. Venturi Wealth Management LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 722.2% in the third quarter. Venturi Wealth Management LLC now owns 2,590 shares of the company’s stock valued at $262,000 after acquiring an additional 2,275 shares during the period. Verus Capital Partners LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 7.3% in the third quarter. Verus Capital Partners LLC now owns 5,465 shares of the company’s stock valued at $553,000 after acquiring an additional 372 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 48.0% in the third quarter. Victory Capital Management Inc. now owns 717,303 shares of the company’s stock valued at $72,641,000 after acquiring an additional 232,741 shares during the period. Empower Advisory Group LLC boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 2.7% in the third quarter. Empower Advisory Group LLC now owns 131,944 shares of the company’s stock valued at $13,362,000 after acquiring an additional 3,434 shares during the period. Finally, Haverford Trust Co boosted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 16.1% in the third quarter. Haverford Trust Co now owns 7,213 shares of the company’s stock valued at $730,000 after acquiring an additional 1,000 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGG opened at $98.18 on Thursday. The stock has a fifty day moving average price of $97.51 and a 200 day moving average price of $98.62. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $94.85 and a 1-year high of $102.04. The company has a market cap of $123.71 billion, a PE ratio of 125.24 and a beta of 0.20.

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.