Simplify Asset Management Inc. Cuts Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Simplify Asset Management Inc. reduced its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,802,663 shares of the company’s stock after selling 306,677 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up about 5.2% of Simplify Asset Management Inc.’s holdings, making the stock its 3rd biggest holding. Simplify Asset Management Inc. owned about 0.21% of iShares Core U.S. Aggregate Bond ETF worth $280,967,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AGG. Cultivar Capital Inc. grew its stake in iShares Core U.S. Aggregate Bond ETF by 3.3% during the third quarter. Cultivar Capital Inc. now owns 239,111 shares of the company’s stock valued at $23,971,000 after acquiring an additional 7,750 shares in the last quarter. Ellenbecker Investment Group grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 8.5% during the third quarter. Ellenbecker Investment Group now owns 648,841 shares of the company’s stock valued at $65,046,000 after purchasing an additional 50,564 shares in the last quarter. Fulton Breakefield Broenniman LLC increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 1.9% in the third quarter. Fulton Breakefield Broenniman LLC now owns 384,827 shares of the company’s stock worth $38,579,000 after purchasing an additional 7,345 shares during the last quarter. Ally Invest Advisors Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 5.5% in the second quarter. Ally Invest Advisors Inc. now owns 163,385 shares of the company’s stock worth $16,208,000 after purchasing an additional 8,493 shares during the last quarter. Finally, Caldwell Trust Co purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth about $10,566,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

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

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.16 on Tuesday. The firm has a market cap of $134.79 billion, a PE ratio of 124.57 and a beta of 0.25. The stock has a 50 day moving average of $100.33 and a 200 day moving average of $99.66. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.35.

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.