City State Bank Lowers Stock Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

City State Bank lowered its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 4.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,942 shares of the company’s stock after selling 3,550 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 2.2% of City State Bank’s investment portfolio, making the stock its 10th biggest holding. City State Bank’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,938,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.5% during the first quarter. Jones Financial Companies Lllp now owns 138,625,924 shares of the company’s stock worth $13,686,743,000 after purchasing an additional 9,678,339 shares during the period. Raymond James Financial Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 4.4% during the first 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. US Bancorp DE grew its position in iShares Core U.S. Aggregate Bond ETF by 29.1% during the second 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. Betterment LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 10.0% during the first quarter. Betterment LLC now owns 21,876,462 shares of the company’s stock worth $2,164,020,000 after buying an additional 1,983,074 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 13.9% during the first 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 Price Performance

Shares of NYSEARCA:AGG opened at $101.14 on Friday. The company has a market capitalization of $135.75 billion, a P/E ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $101.35. The business’s 50 day simple moving average is $100.14 and its 200 day simple moving average is $98.83.

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.