BG Investment Services Inc. Decreases Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

BG Investment Services Inc. trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 17.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,273 shares of the company’s stock after selling 3,516 shares during the period. iShares Core U.S. Aggregate Bond ETF makes up 2.0% of BG Investment Services Inc.’s portfolio, making the stock its 14th biggest position. BG Investment Services Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,614,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Linscomb Wealth Inc. increased its holdings in iShares Core U.S. Aggregate Bond ETF by 0.4% during the 1st quarter. Linscomb Wealth Inc. now owns 64,000 shares of the company’s stock worth $6,331,000 after purchasing an additional 244 shares during the last quarter. Mascoma Wealth Management LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.1% during the first quarter. Mascoma Wealth Management LLC now owns 474,928 shares of the company’s stock worth $46,980,000 after buying an additional 31,299 shares in the last quarter. Charter Capital Management LLC DE acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter worth approximately $3,459,000. Interactive Financial Advisors Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 0.8% in the first quarter. Interactive Financial Advisors Inc. now owns 144,383 shares of the company’s stock worth $14,282,000 after buying an additional 1,170 shares during the last quarter. Finally, BayBridge Capital Group LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 1.0% in the second quarter. BayBridge Capital Group LLC now owns 246,272 shares of the company’s stock valued at $24,430,000 after acquiring an additional 2,546 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Price Performance

NYSEARCA AGG opened at $101.13 on Tuesday. The company has a market capitalization of $134.47 billion, a price-to-earnings ratio of 124.57 and a beta of 0.12. iShares Core U.S. Aggregate Bond ETF has a 12 month low of $95.74 and a 12 month high of $101.13. The company’s fifty day moving average price is $99.98 and its two-hundred day moving average price is $98.75.

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.