iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Shares Sold by Phillips Wealth Planners LLC

Phillips Wealth Planners LLC trimmed its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 14.2% in the first quarter, Holdings Channel.com reports. The fund owned 13,311 shares of the company’s stock after selling 2,200 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up about 1.3% of Phillips Wealth Planners LLC’s holdings, making the stock its 12th largest holding. Phillips Wealth Planners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,292,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. Greenline Partners LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $31,000. Godsey & Gibb Inc. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $46,000. Curio Wealth LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $50,000. Finally, Navigoe LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $52,000. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $98.81 on Thursday. The firm has a 50 day simple moving average of $97.86 and a 200-day simple moving average of $97.77. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $102.04. The stock has a market cap of $128.45 billion, a price-to-earnings ratio of 124.57 and a beta of 0.24.

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.