GenTrust LLC Lowers Stake in iShares Core U.S. Aggregate Bond ETF $AGG

GenTrust LLC decreased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 3.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,055,792 shares of the company’s stock after selling 39,712 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 4.8% of GenTrust LLC’s investment portfolio, making the stock its 3rd biggest holding. GenTrust LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $105,843,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Angeles Investment Advisors LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF in the 2nd quarter worth about $26,000. North Ridge Wealth Advisors Inc. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the second quarter worth approximately $29,000. Collier Financial purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $31,000. JCIC Asset Management Inc. bought a new position in iShares Core U.S. Aggregate Bond ETF during the third quarter valued at approximately $32,000. Finally, Evolution Wealth Management Inc. purchased a new stake in iShares Core U.S. Aggregate Bond ETF in the third quarter worth approximately $40,000. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.3%

NYSEARCA:AGG opened at $100.99 on Friday. The company has a market cap of $139.57 billion, a PE ratio of 124.57 and a beta of 0.25. The company has a 50 day simple moving average of $100.06 and a two-hundred day simple moving average of $100.07. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $96.15 and a 12 month high of $101.35.

iShares Core U.S. Aggregate Bond ETF 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.