Cedar Mountain Advisors LLC Lowers Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Cedar Mountain Advisors LLC decreased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,969 shares of the company’s stock after selling 2,733 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 1.5% of Cedar Mountain Advisors LLC’s portfolio, making the stock its 17th biggest holding. Cedar Mountain Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $7,239,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after purchasing an additional 7,030 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock worth $884,000 after purchasing an additional 3,044 shares during the period. GAMMA Investing LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter valued at $842,000. Radnor Capital Management LLC purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the first quarter worth $347,000. Finally, WealthNavi Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 2.7% during the first quarter. WealthNavi Inc. now owns 10,341,692 shares of the company’s stock worth $1,023,000,000 after purchasing an additional 271,055 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $100.18 on Monday. The company’s 50-day simple moving average is $99.62 and its two-hundred day simple moving average is $98.61. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $101.02. The company has a market capitalization of $132.01 billion, a P/E ratio of 124.57 and a beta of 0.12.

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.