Prentice Wealth Management LLC Sells 69,879 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Prentice Wealth Management LLC trimmed its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 15.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 377,678 shares of the company’s stock after selling 69,879 shares during the period. iShares Core U.S. Aggregate Bond ETF accounts for about 10.8% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Prentice Wealth Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $37,360,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AGG. Brighton Jones LLC raised its holdings in iShares Core U.S. Aggregate Bond ETF by 238.0% in the 4th quarter. Brighton Jones LLC now owns 9,984 shares of the company’s stock worth $967,000 after acquiring an additional 7,030 shares during the period. Revolve Wealth Partners LLC grew its position in shares of iShares Core U.S. Aggregate Bond ETF by 50.0% in 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. Vontobel Holding Ltd. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter worth about $594,000. Blue Trust Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.2% during the 4th quarter. Blue Trust Inc. now owns 2,250,666 shares of the company’s stock worth $218,090,000 after purchasing an additional 91,287 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 4.4% during the 4th quarter. Valeo Financial Advisors LLC now owns 60,172 shares of the company’s stock worth $5,831,000 after purchasing an additional 2,561 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

iShares Core U.S. Aggregate Bond ETF Stock Down 0.4%

AGG opened at $97.96 on Friday. The stock’s 50 day moving average price is $97.76 and its two-hundred day moving average price is $97.81. The firm has a market capitalization of $124.41 billion, a P/E ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 12-month low of $95.74 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.