Accel Wealth Management Reduces Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Accel Wealth Management trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,374 shares of the company’s stock after selling 1,296 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for approximately 1.1% of Accel Wealth Management’s investment portfolio, making the stock its 18th largest position. Accel Wealth Management’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $3,311,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Briaud Financial Planning Inc bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth $25,000. MTM Investment Management LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth $37,000. AlphaCore Capital LLC bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth $40,000. Godsey & Gibb Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the first quarter worth $46,000. Finally, Atlas Capital Advisors Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 66.7% during the first quarter. Atlas Capital Advisors Inc. now owns 500 shares of the company’s stock worth $49,000 after purchasing an additional 200 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Down 0.1%

NYSEARCA:AGG opened at $100.18 on Friday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $95.74 and a twelve month high of $101.02. The company has a market cap of $132.01 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. The stock has a fifty day simple moving average of $99.62 and a 200-day simple moving average of $98.62.

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.