Legacy PCG LLC Has $1.41 Million Holdings in iShares Core U.S. Aggregate Bond ETF $AGG

Legacy PCG LLC lowered its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 85.2% in the 1st quarter, HoldingsChannel reports. The firm owned 14,152 shares of the company’s stock after selling 81,432 shares during the quarter. iShares Core U.S. Aggregate Bond ETF accounts for 7.5% of Legacy PCG LLC’s portfolio, making the stock its 3rd biggest position. Legacy PCG LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,405,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Valley National Advisers Inc. grew its holdings in iShares Core U.S. Aggregate Bond ETF by 339.0% during the fourth quarter. Valley National Advisers Inc. now owns 259 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Cresta Advisors Ltd. bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the fourth quarter valued at $25,000. Blueline Advisors LLC purchased a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at $25,000. First Command Advisory Services Inc. lifted its position in shares of iShares Core U.S. Aggregate Bond ETF by 321.2% during the 4th quarter. First Command Advisory Services Inc. now owns 278 shares of the company’s stock valued at $28,000 after buying an additional 212 shares during the last quarter. Finally, Wiser Advisor Group LLC bought a new position in shares of iShares Core U.S. Aggregate Bond ETF during the 3rd quarter worth $29,000. Institutional investors own 83.63% of the company’s stock.

iShares Core U.S. Aggregate Bond ETF Stock Performance

AGG stock opened at $97.46 on Monday. The stock has a fifty day moving average of $98.45 and a 200-day moving average of $99.32. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.27 and a fifty-two week high of $101.46. The company has a market capitalization of $137.58 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.