NewSquare Capital LLC Sells 2,346 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

NewSquare Capital LLC decreased its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 1.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 126,003 shares of the company’s stock after selling 2,346 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for about 1.0% of NewSquare Capital LLC’s portfolio, making the stock its 25th largest position. NewSquare Capital LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $12,464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at about $25,000. Greenline Partners LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $31,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $33,000. Bank of Jackson Hole Trust purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $35,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $43,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.5%

Shares of AGG opened at $97.28 on Monday. The company has a market capitalization of $123.55 billion, a P/E ratio of 124.57 and a beta of 0.24. The firm has a 50 day moving average of $97.84 and a 200 day moving average of $97.82. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $102.04.

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.