Claro Advisors LLC Cuts Stake in iShares Core U.S. Aggregate Bond ETF $AGG

Claro Advisors LLC lowered its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 28.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,624 shares of the company’s stock after selling 1,454 shares during the quarter. Claro Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $360,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. RiverGlades Family Offices LLC raised its position in iShares Core U.S. Aggregate Bond ETF by 2.2% in the second quarter. RiverGlades Family Offices LLC now owns 42,426 shares of the company’s stock worth $4,209,000 after acquiring an additional 902 shares during the period. Milestone Asset Management LLC increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 198.3% during the 2nd quarter. Milestone Asset Management LLC now owns 14,020 shares of the company’s stock worth $1,391,000 after purchasing an additional 9,320 shares during the last quarter. Pointe Capital Management LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 4.8% in the 2nd quarter. Pointe Capital Management LLC now owns 9,827 shares of the company’s stock worth $975,000 after purchasing an additional 452 shares during the period. Optivise Advisory Services LLC raised its holdings in shares of iShares Core U.S. Aggregate Bond ETF by 74.3% in the 2nd quarter. Optivise Advisory Services LLC now owns 27,757 shares of the company’s stock worth $2,753,000 after purchasing an additional 11,828 shares during the period. Finally, Connable Office Inc. lifted its stake in iShares Core U.S. Aggregate Bond ETF by 42.7% in the second quarter. Connable Office Inc. now owns 401,098 shares of the company’s stock valued at $39,789,000 after purchasing an additional 119,947 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Trading Up 0.4%

Shares of NYSEARCA AGG opened at $100.24 on Friday. The stock has a fifty day simple moving average of $100.38 and a two-hundred day simple moving average of $99.01. iShares Core U.S. Aggregate Bond ETF has a 1-year low of $95.74 and a 1-year high of $101.35. The firm has a market cap of $134.89 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25.

About iShares Core U.S. Aggregate Bond ETF

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.