AE Wealth Management LLC Lowers Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

AE Wealth Management LLC lowered its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,575 shares of the company’s stock after selling 9,541 shares during the quarter. AE Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $6,875,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AGG. Brighton Jones LLC raised its stake in iShares Core U.S. Aggregate Bond ETF by 238.0% during the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock valued at $967,000 after purchasing an additional 7,030 shares in the last quarter. Revolve Wealth Partners LLC raised its position 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 valued at $884,000 after buying an additional 3,044 shares in the last quarter. Greenleaf Trust bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 2nd quarter valued at about $358,000. Trust Co. of Vermont grew its position in iShares Core U.S. Aggregate Bond ETF by 61.9% in the second quarter. Trust Co. of Vermont now owns 1,370 shares of the company’s stock worth $136,000 after acquiring an additional 524 shares in the last quarter. Finally, Precision Wealth Strategies LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF during the second quarter worth approximately $240,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of iShares Core U.S. Aggregate Bond ETF stock opened at $100.13 on Friday. The stock has a market cap of $138.26 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. The stock has a 50 day moving average price of $100.13 and a 200-day moving average price of $99.92. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year 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.