iShares Core U.S. Aggregate Bond ETF $AGG Stock Holdings Reduced by Ballast Inc.

Ballast Inc. trimmed its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 29.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,144 shares of the company’s stock after selling 6,632 shares during the quarter. Ballast Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,526,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Empower Annuity Insurance Co bought a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $267,968,630,000. Bank of America Corp DE raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 29.6% during the 1st quarter. Bank of America Corp DE now owns 69,660,482 shares of the company’s stock worth $6,915,196,000 after acquiring an additional 15,923,080 shares in the last quarter. WealthNavi Inc. increased its position in iShares Core U.S. Aggregate Bond ETF by 3.2% in the first quarter. WealthNavi Inc. now owns 11,513,352 shares of the company’s stock worth $1,142,930,000 after purchasing an additional 354,238 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,336,251 shares of the company’s stock worth $1,026,080,000 after buying an additional 451,566 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of iShares Core U.S. Aggregate Bond ETF by 39.2% during the 1st quarter. Royal Bank of Canada now owns 6,744,642 shares of the company’s stock valued at $669,542,000 after buying an additional 1,898,484 shares in the last quarter. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG traded up $0.06 during mid-day trading on Tuesday, reaching $95.17. 3,768,533 shares of the company’s stock traded hands, compared to its average volume of 9,559,409. The stock’s 50-day moving average is $96.12 and its two-hundred day moving average is $97.73. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $93.83 and a 12 month high of $101.46. The stock has a market cap of $138.17 billion, a P/E ratio of 124.57 and a beta of 0.26.

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.