First Hawaiian Bank Cuts Position in iShares Core U.S. Aggregate Bond ETF $AGG

First Hawaiian Bank trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 28.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 213,529 shares of the company’s stock after selling 83,703 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 1.0% of First Hawaiian Bank’s portfolio, making the stock its 11th biggest position. First Hawaiian Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $21,122,000 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. Brighton Jones LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after buying an additional 7,030 shares during the period. Revolve Wealth Partners LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 50.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after purchasing an additional 3,044 shares in the last quarter. Gotham Asset Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 15.2% in the fourth quarter. Gotham Asset Management LLC now owns 32,201 shares of the company’s stock valued at $3,120,000 after purchasing an additional 4,255 shares in the last quarter. Millennium Management LLC boosted its holdings in iShares Core U.S. Aggregate Bond ETF by 391.3% in the fourth quarter. Millennium Management LLC now owns 63,690 shares of the company’s stock valued at $6,172,000 after purchasing an additional 50,727 shares in the last quarter. Finally, NorthRock Partners LLC acquired a new position in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $376,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of AGG opened at $100.63 on Friday. The stock has a 50 day moving average price of $98.95 and a 200 day moving average price of $98.43. The company has a market capitalization of $130.57 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $102.04.

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.