Jacobi Capital Management LLC Sells 2,600 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Jacobi Capital Management LLC cut its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 28.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,402 shares of the company’s stock after selling 2,600 shares during the quarter. Jacobi Capital Management LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $633,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Linscomb Wealth Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 0.4% in the first quarter. Linscomb Wealth Inc. now owns 64,000 shares of the company’s stock valued at $6,331,000 after acquiring an additional 244 shares during the last quarter. Mascoma Wealth Management LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 7.1% in the first quarter. Mascoma Wealth Management LLC now owns 474,928 shares of the company’s stock valued at $46,980,000 after acquiring an additional 31,299 shares during the last quarter. Interactive Financial Advisors Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 0.8% in the first quarter. Interactive Financial Advisors Inc. now owns 144,383 shares of the company’s stock valued at $14,282,000 after acquiring an additional 1,170 shares during the last quarter. Sage Financial Group Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% in the first quarter. Sage Financial Group Inc. now owns 16,686 shares of the company’s stock valued at $1,651,000 after acquiring an additional 208 shares during the last quarter. Finally, Fund Evaluation Group LLC lifted its stake in iShares Core U.S. Aggregate Bond ETF by 199.2% in the first quarter. Fund Evaluation Group LLC now owns 211,140 shares of the company’s stock valued at $20,886,000 after acquiring an additional 140,576 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $100.54 on Friday. The stock has a market cap of $130.45 billion, a P/E ratio of 124.57 and a beta of 0.12. The company has a fifty day moving average price of $98.99 and a two-hundred day moving average price of $98.45. iShares Core U.S. Aggregate Bond ETF has a one year low of $95.74 and a one year 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.