BNP Paribas Financial Markets Lowers Position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

BNP Paribas Financial Markets trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 19.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 956,203 shares of the company’s stock after selling 225,408 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Core U.S. Aggregate Bond ETF were worth $92,656,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 75.4% during the fourth quarter. Ameriprise Financial Inc. now owns 19,130,645 shares of the company’s stock valued at $1,853,830,000 after acquiring an additional 8,223,945 shares during the last quarter. Aptus Capital Advisors LLC increased its position in shares of iShares Core U.S. Aggregate Bond ETF by 71.8% during the 4th quarter. Aptus Capital Advisors LLC now owns 23,927 shares of the company’s stock valued at $2,319,000 after purchasing an additional 10,002 shares during the last quarter. Arrowroot Family Office LLC raised its stake in shares of iShares Core U.S. Aggregate Bond ETF by 46.4% during the 4th quarter. Arrowroot Family Office LLC now owns 84,795 shares of the company’s stock worth $8,217,000 after purchasing an additional 26,882 shares during the period. Accredited Wealth Management LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF in the 4th quarter worth about $204,000. Finally, All Terrain Financial Advisors LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 2.2% during the fourth quarter. All Terrain Financial Advisors LLC now owns 66,457 shares of the company’s stock valued at $6,440,000 after buying an additional 1,444 shares during the period. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.2 %

Shares of AGG stock opened at $97.78 on Tuesday. The firm has a market cap of $122.23 billion, a P/E ratio of 124.85 and a beta of 0.24. The company has a 50 day moving average of $98.36 and a 200-day moving average of $97.93. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.63 and a 12-month high of $102.04.

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.