Ellis Investment Partners LLC Sells 330 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Ellis Investment Partners LLC cut its stake in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 2.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,555 shares of the company’s stock after selling 330 shares during the period. Ellis Investment Partners LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,143,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC bought a new stake in iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Greenline Partners LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $31,000. Godsey & Gibb Inc. bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $46,000. Curio Wealth LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter worth approximately $50,000. Finally, Byrne Asset Management LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 1st quarter worth approximately $53,000. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

iShares Core U.S. Aggregate Bond ETF stock opened at $98.22 on Friday. The stock has a market capitalization of $124.74 billion, a price-to-earnings ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 52-week low of $95.74 and a 52-week high of $102.04. The stock’s 50 day moving average price is $97.81 and its two-hundred day moving average price is $97.78.

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.