IFP Advisors Inc Lowers Position in iShares Core U.S. Aggregate Bond ETF $AGG

IFP Advisors Inc trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,906 shares of the company’s stock after selling 13,948 shares during the quarter. IFP Advisors Inc’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $9,715,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in AGG. North Ridge Wealth Advisors Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter valued at approximately $29,000. Wiser Advisor Group LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter worth $29,000. Collier Financial purchased a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter worth $31,000. JCIC Asset Management Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $32,000. Finally, Evolution Wealth Management Inc. acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $40,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA AGG opened at $99.38 on Thursday. iShares Core U.S. Aggregate Bond ETF has a one year low of $96.15 and a one year high of $101.46. The firm has a market capitalization of $137.34 billion, a P/E ratio of 124.57 and a beta of 0.25. The company’s fifty day moving average is $100.27 and its two-hundred day moving average is $100.28.

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.