iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stake Cut by Twele Capital Management Inc.

Twele Capital Management Inc. reduced its holdings in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.7% during the 1st quarter, HoldingsChannel reports. The firm owned 395,511 shares of the company’s stock after selling 11,111 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for approximately 8.3% of Twele Capital Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Twele Capital Management Inc.’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $39,124,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Planned Solutions Inc. grew its position in iShares Core U.S. Aggregate Bond ETF by 2.4% during the 1st quarter. Planned Solutions Inc. now owns 6,247 shares of the company’s stock worth $618,000 after purchasing an additional 147 shares during the last quarter. Kwmg LLC purchased a new position in iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth $216,000. Merit Financial Group LLC grew its position in iShares Core U.S. Aggregate Bond ETF by 84.7% during the 1st quarter. Merit Financial Group LLC now owns 67,836 shares of the company’s stock worth $6,710,000 after purchasing an additional 31,106 shares during the last quarter. Affiance Financial LLC lifted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 13.1% in the 1st quarter. Affiance Financial LLC now owns 652,521 shares of the company’s stock worth $64,547,000 after acquiring an additional 75,726 shares during the period. Finally, Pioneer Wealth Management Group acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter worth $228,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $97.52 on Tuesday. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year high of $102.04. The stock has a market capitalization of $122.88 billion, a PE ratio of 124.57 and a beta of 0.25. The company has a fifty day moving average of $97.93 and a 200-day moving average of $97.83.

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.