MTC Wealth Management LLC Reduces Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

MTC Wealth Management LLC decreased its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 418,264 shares of the company’s stock after selling 13,682 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 19.9% of MTC Wealth Management LLC’s portfolio, making the stock its biggest position. MTC Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $41,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in AGG. US Bancorp DE grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 29.1% during the 2nd quarter. US Bancorp DE now owns 43,988,044 shares of the company’s stock worth $4,363,640,000 after buying an additional 9,922,958 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% during the 1st quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after buying an additional 9,678,339 shares in the last quarter. RWA Wealth Partners LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 8,534.9% during the 1st quarter. RWA Wealth Partners LLC now owns 4,916,363 shares of the company’s stock worth $486,327,000 after buying an additional 4,859,427 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 81,294,683 shares of the company’s stock worth $8,041,669,000 after buying an additional 3,421,606 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 13.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,095,135 shares of the company’s stock worth $2,086,731,000 after buying an additional 2,567,446 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

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

AGG opened at $101.13 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 and a 12-month high of $101.13. The business’s fifty day simple moving average is $99.98 and its 200-day simple moving average is $98.75. The company has a market capitalization of $134.47 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12.

About iShares Core U.S. Aggregate Bond ETF

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.