Professional Financial Advisors LLC cut its holdings in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG – Free Report) by 49.3% during the second quarter, Holdings Channel reports. The institutional investor owned 352,310 shares of the company’s stock after selling 343,113 shares during the quarter. iShares Core U.S. Aggregate Bond ETF makes up approximately 6.0% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Professional Financial Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $34,872,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in iShares Core U.S. Aggregate Bond ETF by 238.0% in the fourth quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after purchasing an additional 7,030 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% during the fourth 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 last quarter. Russell Investments Group Ltd. purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the second quarter valued at approximately $111,000. Ieq Capital LLC boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 9.9% in the 2nd quarter. Ieq Capital LLC now owns 47,381 shares of the company’s stock worth $4,700,000 after purchasing an additional 4,269 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.6% in the 2nd quarter. Quantinno Capital Management LP now owns 13,419 shares of the company’s stock worth $1,331,000 after purchasing an additional 943 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors.
iShares Core U.S. Aggregate Bond ETF Price Performance
iShares Core U.S. Aggregate Bond ETF stock opened at $97.60 on Monday. iShares Core U.S. Aggregate Bond ETF has a twelve month low of $97.12 and a twelve month high of $101.46. The company has a market capitalization of $137.72 billion, a P/E ratio of 124.57 and a beta of 0.25. The stock’s 50 day moving average is $98.28 and its 200 day moving average is $99.14.
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.
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