Financial Freedom LLC Reduces Holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Financial Freedom LLC trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 19.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,391 shares of the company’s stock after selling 11,542 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.6% of Financial Freedom LLC’s investment portfolio, making the stock its 11th largest position. Financial Freedom LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $4,589,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. Greenline Partners LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $31,000. Bank of Jackson Hole Trust purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $35,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter valued at $46,000. Finally, Curio Wealth LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $50,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.2%

Shares of AGG opened at $97.76 on Tuesday. The firm has a market capitalization of $124.16 billion, a P/E ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $102.04. The firm has a fifty day moving average price of $97.76 and a 200-day moving average price of $97.79.

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.