NewEdge Advisors LLC Trims Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

NewEdge Advisors LLC lessened its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 8.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 854,978 shares of the company’s stock after selling 83,741 shares during the period. NewEdge Advisors LLC owned approximately 0.06% of iShares Core U.S. Aggregate Bond ETF worth $84,874,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of AGG. Blueline Advisors LLC purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Cresta Advisors Ltd. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. Valley National Advisers Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. First Command Advisory Services Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 321.2% during the fourth quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock worth $28,000 after buying an additional 212 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new position in iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth about $29,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.3%

Shares of NYSEARCA AGG opened at $97.43 on Friday. The stock’s 50-day simple moving average is $98.31 and its two-hundred day simple moving average is $99.15. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.12 and a twelve month high of $101.46. The firm has a market capitalization of $137.48 billion, a P/E ratio of 124.57 and a beta of 0.25.

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.