Hobbs Group Advisors LLC Sells 766 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Hobbs Group Advisors LLC reduced its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 10.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,760 shares of the company’s stock after selling 766 shares during the quarter. Hobbs Group Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $671,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in AGG. Brighton Jones LLC boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 238.0% during the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after acquiring an additional 7,030 shares during the period. Revolve Wealth Partners LLC boosted its stake in iShares Core U.S. Aggregate Bond ETF by 50.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,127 shares of the company’s stock valued at $884,000 after purchasing an additional 3,044 shares during the period. GAMMA Investing LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $842,000. Fort Washington Investment Advisors Inc. OH boosted its stake in iShares Core U.S. Aggregate Bond ETF by 2.6% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 8,608 shares of the company’s stock valued at $852,000 after purchasing an additional 219 shares during the period. Finally, RMR Wealth Builders bought a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $208,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

AGG opened at $100.43 on Friday. The business has a fifty day simple moving average of $99.76 and a 200 day simple moving average of $98.67. The company has a market capitalization of $132.75 billion, a PE ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $101.02.

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.