SVB Wealth LLC Sells 46,160 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

SVB Wealth LLC lessened its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 12.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 324,807 shares of the company’s stock after selling 46,160 shares during the quarter. iShares Core U.S. Aggregate Bond ETF comprises about 2.1% of SVB Wealth LLC’s investment portfolio, making the stock its 11th largest position. SVB Wealth LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $32,244,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AGG. Bank of America Corp DE raised its holdings in iShares Core U.S. Aggregate Bond ETF by 16.0% during the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after purchasing an additional 7,411,242 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the 4th quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock valued at $8,465,912,000 after purchasing an additional 5,514,115 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after buying an additional 4,942,715 shares during the period. Northern Trust Corp grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 25.1% during the 4th quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock worth $2,068,108,000 after buying an additional 4,148,106 shares during the period. Finally, Constellation Investments Inc. raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 70.2% during the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock worth $705,444,000 after buying an additional 2,914,000 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $98.63 on Tuesday. The firm has a 50 day simple moving average of $98.88 and a 200 day simple moving average of $99.60. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46. The company has a market cap of $134.76 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

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.