Foguth Wealth Management LLC. decreased its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 17.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 132,834 shares of the company’s stock after selling 27,479 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 1.3% of Foguth Wealth Management LLC.’s portfolio, making the stock its 28th largest position. Foguth Wealth Management LLC.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $12,670,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in AGG. Bank of America Corp DE raised its position in iShares Core U.S. Aggregate Bond ETF by 29.6% in the first 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 during the period. Empower Annuity Insurance Co purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 2nd quarter worth $267,968,630,000. Royal Bank of Canada grew 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 acquiring an additional 1,898,484 shares during the period. Fifth Third Bancorp grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 144.7% during the 1st quarter. Fifth Third Bancorp now owns 3,183,564 shares of the company’s stock valued at $316,032,000 after acquiring an additional 1,882,701 shares during the period. Finally, Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 3rd quarter worth $169,512,000. 83.63% of the stock is currently owned by institutional investors.
iShares Core U.S. Aggregate Bond ETF Price Performance
Shares of NYSEARCA:AGG traded down $0.32 during midday trading on Monday, hitting $95.06. The company had a trading volume of 3,695,684 shares, compared to its average volume of 9,555,409. The company has a market cap of $138.02 billion, a price-to-earnings ratio of 124.57 and a beta of 0.26. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $93.83 and a 12-month high of $101.46. The company has a fifty day moving average of $96.16 and a two-hundred day moving average of $97.76.
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.
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Want to see what other hedge funds are holding AGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report).
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